The one-time fixed costs will amount to 47,064 . The variable costs will be 10.25 per book. The publisher will sell the finished product to bookstores at a price of 23.50 per book. How many books must the publisher print and sell so that the production costs will equal the money obtained from sales
2007-12-11 01:23:35 · 4 answers · asked by Troubled with Numbers 1 in Science & Mathematics ➔ Mathematics
x = books
Cost = 10.25x + 47064
Revenue = 23.50x
10.25x + 47064 = 23.50x
47064 = 13.25x
3552 = x
3552 books
2007-12-11 01:29:36 · answer #1 · answered by Linda K 5 · 0⤊ 0⤋
subtract the cost from the sale then divid by the total amount. so 10.25 - 23.5= 13.25 then take 47064 and divide by 13.25 and you get 3552. that will be to break even so you would need to sell 3553 to make a profit.
2007-12-11 01:29:39 · answer #2 · answered by jammer 3 · 0⤊ 0⤋
TC = TR
FC + (Q*VC) = Q*P
47064+(10.25x)=23.5x
47064=23.5x-10.25x
47064=13.25x
x=47064/13.25
x=3552
The total cost(TC) is equal with total revenue (TR) at 3552 pcs of book sold.
2007-12-11 01:36:09 · answer #3 · answered by nagydani 1 · 0⤊ 0⤋
47,064 + 10.25x = 23.50x
2007-12-11 01:31:15 · answer #4 · answered by A Guy 7 · 0⤊ 0⤋