You own a bookstore. Here are your costs: You pay $1,500 in salaries, $3,000 in rent $800

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You own a bookstore. Here are your costs:

You pay $1,500 in salaries,

$3,000 in rent

$800 in insurance each month.

Each book has a variable cost of $6 and you sell them for $15.

How many books you would you have to sell each month to cover your fixed and variable costs?

Related Book For answer-question

Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Posted Date: Apr 28, 2023 01:02 AM

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You own a bookstore. Here are your costs: You pay $1,500 in salaries, $3,000 in rent $800

Question:

Expert Answer:

Answer I The company needs to sell 58... View the full answer

Financial Accounting Information For Decisions

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