1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vitfil [10]
3 years ago
7

A publisher for a promising new novel figures fixed costs​ (overhead, advances,​ promotion, copy​ editing, typesetting, and so​

on) at ​$53,000​ and variable costs​ (printing, paper,​ binding, shipping) at ​$2.20 for each book produced. If the book is sold to distributors for ​$12 ​each, how many must be produced and sold for the publisher to break​ even?
Business
2 answers:
Serga [27]3 years ago
6 0

Answer:

x = 5,408 Books

Explanation:

Cost equations

c(x) = 2.20x + 53,000

Revenue equation

r(x) = 12x

Break even is when Revenue = cost

12x = 2.20x + 53000

12x - 2.20x = 53000

9.8x = 53000

x = 53,000/9.8

x = 5,408 Books

Prove

Rev: 12(5,408) = $64,896.00

Cost: 2.20(5,408) + 53,000

=11,897.6+53,000= 64,897.6

Therefore 5,408 books must be produced and sold for the publisher to break​ even.

alisha [4.7K]3 years ago
5 0

Answer:

5,409 books

Explanation:

to calculate break even point in units we can use the following formula:

break even point in units = total fixed costs / contribution margin per unit

  • total fixed costs = $53,000
  • contribution margin per unit = sales price - variable costs = $12 - $2.20 = $9.80

break even point in units = $53,000 / $9,80 = 5,408.16 ≈ 5,409 books

in $, that would equal = 5,409 books x $12 per book = $64,908

You might be interested in
What are institutional advertisements designed to promote
N76 [4]

To better show and explain a image, idea, and or organization for a business.

It is basically to help build a postitive image for your business you are running or trying to create

Hope this helps

7 0
3 years ago
Consider a mutual fund with $203 million in assets at the start of the year and with 10 million shares outstanding. The fund inv
balu736 [363]

Answer:

8.66%

Explanation:

The computation of the rate of return for the investor in the fund is as follows:

= (Net assets at the end  + dividend per share  - nav at the beginning of the year) ÷ (nav at the beginning of the year)

where,

Net assets at the end is

= $203 million + $203 million × 7% - ($217.21 million × 0.75%)

= $203 million + $14.21 million - $1.6291 million

= $217.21 million - $1.6291 million

= $215.58093 million

Dividend per share is

= $5 million ÷ 10 million shares

= 0.5

Nav at the beginning of the year is

= $203 million ÷ 10 million shares

= $20.3

Now the rate of return is

= ($215,.58093 + 0.5 - $20.3) ÷ ($20.3)

= 8.66%

6 0
3 years ago
Management wants to build a culture where employees keep security in mind. Employees should be able to access information freely
Pavel [41]

Answer: Posters promoting good security behavior and designated mailing list.

Explanation:

One of the ways to create awareness in people's mind is by posting images, writings on walls and boards for their veiwing, when this is done over a period of time, they get conformed in their minds to adjust to what they've been seeing, another way is by designated emails, especially coming from the organization, through this emails, they can give their suggestions and complains also on what they feel or want to be done in the organization.

6 0
3 years ago
Living Wages - This is the topic of debate. I am looking for a help on two things. How to write the paper and how to prepare the
vazorg [7]

Answer:

the answer is as follows

Explanation:

First of defining real wages is a cumbersome process. The living wage calculator developed by MIT professor Amy Glasemeier in 2004 eased the way a little but that too has it's issues.

The paper you are trying to write should start with this that how the idea of living wages is in itself difficult to be adopted as it is. Second the free market approach has been more successful in the economic history and a lot of evidence and data is available on that. The analysis that your paper will develop should outline the concerns that mainstream economists have regarding living wages and support it with some actual data.

The presentation would be rather easy after writing the paper. Which will include some graphs and data and some scholarly citations and it should work.

3 0
3 years ago
Each month, renaldo earns a commission of 10.5% of his total sales for the month, plus a flat salary of $2,500. if renaldo earns
katovenus [111]
Renaldo would earn <span>2817.63. You take the $ of sales and multiply it by the commissions percentage, then add the number you get with the flat salary to get his total $ earned that month.</span>
8 0
3 years ago
Other questions:
  • A transfer payment is
    5·1 answer
  • During the four quarters for 2017, the Browns received two quarterly dividend payments of $0.18, one quarterly payment of $0.20,
    12·1 answer
  • Brett, the manager at Warson’s Diner, plans to promote Keisha, one of the waitresses, to the position of an assistant manager. H
    12·1 answer
  • Select the guidelines you should follow when creating a business letter
    15·1 answer
  • Tim Mattke Company began operations in 2018 and for simplicity reasons, adopted weighted-average pricing for inventory. In 2020,
    6·1 answer
  • Ben and John formed BCD Inc., a corporation, in 2013. Ben received 80% of the voting common stock, the only class of stock and J
    10·1 answer
  • A share of stock is now selling for $75. It will pay a dividend of $6 per share at the end of the year. Its beta is 1. What do i
    8·2 answers
  • The mythical Hacker Microbrewery in Rosenheim, Germany, makes a brand of beer called Golden Eagle, which bottles and sells in ca
    9·1 answer
  • A corporation must obtain shareholder approval before the company a. hires or fires a significant number of employees. b. expand
    9·1 answer
  • Job destroyer? ~ The Wellcome Global Monitor is the world’s largest study into how people around the world think and feel about
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!