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A magazine company has the capacity to print and sell 200,000 magazines per month. It sells each magazine for $7.25 each, has fixed costs of $100,000.00 per month, and variable costs of $0.50 per magazine. What revenue amount will result in a net income of $17,000,00 for the month? Round to the nearest cent

A magazine company has the capacity to print and sell 200,000 magazines per month. It sells each magazine for $7.25 each, has fixed costs of $100,000.00 per month, and variable costs of $0.50 per magazine. What revenue amount will result in a net income of $17,000,00 for the month? Round to the nearest cent

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A magazine company has the capacity to print and sell 200,000 magazines per month. It sells each magazine for $7.25 each, has fixed costs of $100,000.00 per month, and variable costs of $0.50 per magazine. What revenue amount will result in a net income of $17,000,00 for the month? Round to the nearest cent Answer:
Transcribed Image Text:A magazine company has the capacity to print and sell 200,000 magazines per month. It sells each magazine for $7.25 each, has fixed costs of $100,000.00 per month, and variable costs of $0.50 per magazine. What revenue amount will result in a net income of $17,000,00 for the month? Round to the nearest cent Answer:
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