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ExtremeBDS [4]
4 years ago
7

Southeast u's campus book store sells course packs for $15.00 each, the variable cost per pack is $11.00, fixed costs for this o

peration are $300,000, and annual sales are 100,000 packs. the unit variable cost consists of a $4.00 royalty payment, vr, per pack to professors plus other variable costs of vo = $7.00. the royalty payment is negotiable. the book store's directors believe that the store should earn a profit margin of 10% on sales, and they want the store's managers to pay a royalty rate that will produce that profit margin. what royalty per pack would permit the store to earn a 10% profit margin on course packs, other things held constant?
Business
1 answer:
lina2011 [118]4 years ago
3 0
I think its either 21 or 2 but I'm not sure
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If you have two insurance policies on the same property, the ____ clause explains how the two insurance companies will share the
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e. other insurance clause.

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5 0
3 years ago
John and Joan are married and want to make cash gifts to their children (2), their children's spouses (2), and their grandchildr
IgorLugansk [536]

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3 0
4 years ago
Leslie Manufacturing reported the following:Revenue $450,000Beginning inventory of direct materials, January 1, 2015 20,000Purch
Bogdan [553]

Answer:

$109,000

Explanation:

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5 0
3 years ago
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