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It costs a publishing company 50,000 dollars to make books. The 50,000 is a fixed cost that cannot change. It costs the publishing company 4 dollars to make each book and they sell it to their retailers for 9 dollars. How many books should they sell to break even? None of the above 12,500 5,555 10,000

It costs a publishing company 50,000 dollars to make books. The 50,000 is a fixed cost that cannot change. It costs the publishing company 4 dollars to make each book and they sell it to their retailers for 9 dollars. How many books should they sell to break even? None of the above 12,500 5,555 10,000

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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It costs a publishing company 50,000 dollars to make books. The 50,000 is a fixed cost that cannot change. It costs the publishing company 4 dollars to make each book and they sell it to their retailers for 9 dollars. How many books should they sell to break even? None of the above 12,500 5,555 10,000
Transcribed Image Text:It costs a publishing company 50,000 dollars to make books. The 50,000 is a fixed cost that cannot change. It costs the publishing company 4 dollars to make each book and they sell it to their retailers for 9 dollars. How many books should they sell to break even? None of the above 12,500 5,555 10,000
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