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Fixed costs: Copy editing $6,000 2.000 72,000 Art work Typesetting Variable costs: $3.20 per copy 4.00 per copy 0.50 per copy 2.00 per copy Printing and binding Bookstore discounts Salespersons' commissions Author's royalties Each book sells for $20.00. The company sold 8,000 books in June and 10,000 books in July. The unit contribution margin per book is: O $8.30 $14.30 O $10.30 O $10.80

Fixed costs: Copy editing $6,000 2.000 72,000 Art work Typesetting Variable costs: $3.20 per copy 4.00 per copy 0.50 per copy 2.00 per copy Printing and binding Bookstore discounts Salespersons' commissions Author's royalties Each book sells for $20.00. The company sold 8,000 books in June and 10,000 books in July. The unit contribution margin per book is: O $8.30 $14.30 O $10.30 O $10.80

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Fixed costs: Copy editing $6.000 Art work 2,000 Typesetting 72,000 Variable costs: Printing and binding $3.20 per copy Bookstore discounts 4.00 per copy Salespersons' commissions 0.50 per copy Author's royalties 2.00 per copy Each book sells for $20.00. The company sold 8,000 books in June and 10,000 books in July. The unit contribution margin per book is: $8.30 O $14.30 O $10.30 $10.80
Transcribed Image Text:Fixed costs: Copy editing $6.000 Art work 2,000 Typesetting 72,000 Variable costs: Printing and binding $3.20 per copy Bookstore discounts 4.00 per copy Salespersons' commissions 0.50 per copy Author's royalties 2.00 per copy Each book sells for $20.00. The company sold 8,000 books in June and 10,000 books in July. The unit contribution margin per book is: $8.30 O $14.30 O $10.30 $10.80
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