Question: Derst Inc. sells a particular textbook for $34. Variable expenses are $25 per book. At the current volume of 57,000 books sold per year the

Derst Inc. sells a particular textbook for $34. Variable expenses are $25 per book. At the current volume of 57,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:

Multiple Choice

  • $513,000

  • $1,425,000

  • $1,938,000

  • $2,451,000

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