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Morgarella [4.7K]
3 years ago
9

It costs a publishing company $50,000 to make books. The $50,000 is a fixed cost or a cost that cannot change. To help the publi

shing company sell the books, a marketing company charges 4 dollars for each book sold. If the company charges 9 dollars per book, how many books should they sell to break even?
Business
1 answer:
MariettaO [177]3 years ago
5 0

Answer:

10,000 books

Explanation:

Knowns:

Fixed Costs: $50,000

Variable Costs: $4 (price marketing company charges per book sold)

Sale price: $9 per book

We can solve break even (BE) by using the following formula:

BE = (Fixed Cost) / (Sale price-Variable costs)

BE = ($50,000) / (($9-$4)

BE = $50,000 / $5

BE = 10,000 units

I hope this helps!

-TheBusinessMan

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The set of values, attitudes, and ways of doing things that result from belonging to a certain ethnic, religious, or racial grou
777dan777 [17]

Answer: False

Explanation:

What a ethnic, religious and racial group shares in common is their beliefs or traditions.

Cognitive dissonance on the other hand is a conflict that occurs in an individual's mind as a result of new information contradicting what they already believe to be true.

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3 years ago
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His income increased dramatically;from$5000 a year to $60,000 a year. Jim decides that instead of using the bus, he would buy a
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Answer:

This implies that bus is an inferior good and car is a normal good.

Explanation:

Initially, Jim's income was $5000 a year.

As his income increases to $60,000 a year, he decides to buy a car instead of using the bus.  

In other words, with the increase in income, the demand for traveling by bus is declining.  

This implies that it is an inferior good.  

The demand for the car is increasing with an increase in income.  

So, the car is a normal good.  

An inferior good can be defined as a product that shows negative elasticity. This means with an increase in income its demand declines an vice versa.

A normal good can be defined as a product that shows positive income elasticity. That is, its demand increases with rise in income and vice versa.

4 0
3 years ago
Which of the following is a key document in a typical process-costing system? A. Departmental production report. B. Sequential p
quester [9]

Answer: Option A

     

Explanation: A Departmental Manufacturing cost Report (CPR) indicates all expenses that a division may be paid. Not only is it the origin of detailed journal entries at just the end of this month, but it is also the best effective method to view and dispose of the accrued costs over the month.

A departmental cost report depicts:-

1. Total unit costs out of a previous division moved to it.

2. The division included supplies, staff, and overhead warehouse.

3. The cost per unit of the division included.

4. Average and unit expenses incurred at the bureau's conclusion of activities.

5. Through process inventory levels, the expense of start and finish research.

6. Price moved to a successor division or storage of finished products

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3 years ago
Management at Work While reading the newspaper one day, you come across an article discussing the diversity strategy presented b
Leno4ka [110]

1. Kellogg's is likely to experience Reduced turnover when compared with other companies that do not promote diversity

2. He likely to report about his shares of stock, Since the implementation of the diversity strategy, my shares have increased in value.

Explanation:

Benefits of good diversity management are -

  1. Harmonious working conditions
  2. Better involvement of employees
  3. Improved performance of employees
  4. Improved manufacturing processes
  5. Enhanced product quality
  6. Retained sales (i.e. higher level of employee retention)

Good management of diversity means greater profit and a better brand image.

Turnover is the replacement of an employee with a new hire throughout the realm of human resources. Turnover means a proportion of the employees who leave the company for a certain period of time.

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Please help me to solve this question.​
kari74 [83]

Answer:

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