Question

A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). The one time fixed costs will total $55,832. The variable costs will be $11.25 per book. The publisher will sell the finished product to bookstores at a price of $25.25 per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?

Answer 1

55832 + 11.25 x = 25.25 x

55832 = 14 x

x = 3988 books