Question: Problem 3. After reading the attached supplement below on Breakeven Analysis answer the following two questions: 1. It costs a publishing company $50,000 to make
Problem 3. After reading the attached supplement below on Breakeven Analysis answer the following two questions: 1. It costs a publishing company $50,000 to make books. The $50,000 is a fixed cost or a cost that cannot change. To help the publishing company sell the books, a marketing company charges $4 for each book sold. If the company charges $9 per book, how many books should they sell to break even? 2. It costs a man $75 to buy the supplies that he needs to make hot dogs. The city allows him to sell his hot dogs somewhere near the city hall. However, the city hall charges him $1 for each hot dog sold. Calculate the break-even point if the price he charges for one hot dog is $1.50
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