A small publishing company is planning to publish a new book. The production costs will include onetime fixed costs (such as editing) and variable costs (such
Business
Sydewise2684
Question
A small publishing company is planning to publish a new book. The production costs will include onetime fixed costs (such as editing) and variable costs (such as printing). The onetime fixed costs will total $43,654 . The variable costs will be $10.25 per book. The publisher will sell the finished product to bookstores at a price of $21.75 per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?
1 Answer

1. User Answers Landsharkmtv
Answer:
Let x = no. of books
:
Cost = 12.50x + 54150
:
Revenue = 25x
:
Rev = cost
25x = 12.5x + 54150
25x  12.50x = 54150
12.5x = 54150
x = 54150%2F12.5
x = 4332 books need to be sold to cover production costs
:
:
Check:
c = 12.50(4332) + 54150
c = 54150 + 54150
c = 108300
:
r = 25(4332)
r = 108300
I found this on another website but i'm pretty sure its correct gl