The fixed cost is $240,000. Variable costs are $10 per book. Demand is estimated to be 6000
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The fixed cost is $240,000. Variable costs are $10 per book. Demand is estimated to be 6000 copies. The publisher plans to sell the book for $58 each. With a demand of 6,000 copies,
what is the minimum price per copy the publisher must charge to break even?
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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