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A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $64,000, and variable costs (printing, paper, binding, shipping) at $1.80 for each book produced. If the book is sold to distributors for $12 each, how many must be produced and sold for the publisher to break even? The publisher must produce and sell books to break even. (Round to the nearest integer as needed.)

A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $64,000, and variable costs (printing, paper, binding, shipping) at $1.80 for each book produced. If the book is sold to distributors for $12 each, how many must be produced and sold for the publisher to break even? The publisher must produce and sell books to break even. (Round to the nearest integer as needed.)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $64,000, and variable costs (printing, paper, binding, shipping) at $1.80 for each book produced. If the book is sold to distributors for $12 each, how many must be produced and sold for the publisher to break even? The publisher must produce and sell books to break even. (Round to the nearest integer as needed.)
Transcribed Image Text:A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $64,000, and variable costs (printing, paper, binding, shipping) at $1.80 for each book produced. If the book is sold to distributors for $12 each, how many must be produced and sold for the publisher to break even? The publisher must produce and sell books to break even. (Round to the nearest integer as needed.)
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