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Ksenya-84 [330]
3 years ago
12

The rate card for a magazine mentioned that the one-time cost for a full-page black-and-white ad was $930. The magazine had a to

tal circulation of 15,000. Calculate the magazine's cost per thousand (CPM).
Business
1 answer:
11111nata11111 [884]3 years ago
5 0

Answer:

Magazine's cost per thousand (CPM) = $62

Explanation:

Given:

Cost per card = $930

Total number of cards = 15,000

Find:

Magazine's cost per thousand (CPM)

Computation:

Magazine's cost per thousand (CPM) = [Cost per card x 1,000] / Total number of cards

Magazine's cost per thousand (CPM) = [930 x 1,000] / 15,000

Magazine's cost per thousand (CPM) = 930,000 / 15,000

Magazine's cost per thousand (CPM) = $62

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