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Break-even analysis. A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting) at
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Finite Mathematics for Business, Economics, Life Sciences and Social Sciences
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- A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $61,000, and variable costs (printing, paper, binding, shipping) at $1.60 for each book produced. If the book is sold to distributors for $11 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.)arrow_forwardsuppose it costs $52,000 per year to live in city A. It costs $90,000 to live in city B. In which city do you need to earn more to have the same purchasing powerarrow_forwardHow many DVDs need to be sold for the company to make a profit if the fixed cost is $ 48,000, the variable cost is $ 12.4 per unit, and the market price is $ 17.4 per item?arrow_forward
- A company uses 5000 items per annum which has a price of $2 each. The ordering costs are $150 per order and holding costs are $1.50 per item per annum. The company is offered a 5% discount (discounted price is $1.90) for orders of 5000 and over. Order cost and holding cost remain at $150 per order and $1.50 respectively. Assuming that the company orders 5000 items per order, calculate the number of orders per annum, average stock, annual stock holding cost, annual order cost, annual inventory cost and the total annual cost of items and inventory.arrow_forwardIf a company sells its product for $30 and has a unit cost of $12, what is the company’s markup percentage? 20% 150% 60% 40%arrow_forwardA monthly subscription to a video-gaming website has the following costs. Monthly 3 Months 6 Months $10.99 per months for one months $9.99 per month for three months $7.50 per month for six months If Sven wants to subscribe for six months, how much will he save if he buys the six-month package instead of the monthly package. Step 1) Calculate the monthly package for six months. Step 2) Calculate the 6 months package for six months. Step 3) Subtract the monthly package and the 6 months package.arrow_forward
- The following table shows the expenses and income for a local college student. Assume that amounts shown for salaries and wages are after taxes and that 1 month = 4 weeks. Income Expenses Part-time Job: $1100/month Rent: $550/month Student Loans: $8400/year Groceries: $50/week Scholarship: $5700/year Tuition and Fees: $7500/year Health Insurance: $40/month Entertainment: $40/week Phone: $65/month a) What is the student's monthly income? b) What is the student's monthly expenses? c) What is the student's net monthly cash flow?arrow_forwardA news stand sells local fashion magazines. The cost to purchase the magazines is the list price of $7.00 less a discount of 31%. Fixed costs total $239 per week. The usual price for the magazines is the list price. Answer each of the following independent questions. (a) If the desired profit is $106, how many magazines must they sell each week? (b) If the news stand puts the magazines "on sale" at 14% off the regular selling price, how much would the profit be if they sold 318 units in a week? (a) If the desired profit is $106, they must sell (Round up to the nearest whole number.) magazines each week (b) The profit earned by selling 318 magazines at a 14% discount would be $ (Type an integer or a decimal.) Carrow_forwardThe fixed costs incurred by a small genetics research lab are $200,000 per year. Variable costs are 60% of the annual revenue. If annual revenue is $300,000, determine the annual profit (loss).arrow_forward
- An anticlot drug can be made for $13 per unit. The total cost to produce 100 units is $1,750. What are the fixed costs? 450 1200 1300 O 550 O 1750arrow_forward2. In 2004 for working class people wheat was selling at an average price of Rs. 16 cloth at Rs. 2 per metre, house rent Rs. 30 per house and other items at Rs. 10 per unit. By 2005 cost of wheat rose by Rs. 4 per 20 kg., house rent by Rs. 15 per house and other items doubled in price. The working class cost of living index for the year 2005 (with 2004 as base) was 160. By how much the cloth rose in price during the period? (А) Rs. 1.30 per 20 kg, (В) Rs. 1.20 (C) Rs. 1.70 (D) Rs. 0.90arrow_forwardNight Shades Inc. (NSI) manufactures biotech sunglasses. These sunglasses sell for $150 each, and cost $70 each to produce. Night Shades Inc. has fixed costs of $100,000. a. Calculate Night Shades' Breakeven point. b. how much profit (loss) will Night Shades have if it sells 500 sunglasses? 4,000 sunglasses? c. Night Shades' manager expects an operating profit of $200.000. How many sunglasses must be sold to attain this profit?arrow_forward
- Discrete Mathematics and Its Applications ( 8th I...MathISBN:9781259676512Author:Kenneth H RosenPublisher:McGraw-Hill EducationMathematics for Elementary Teachers with Activiti...MathISBN:9780134392790Author:Beckmann, SybillaPublisher:PEARSON
- Thinking Mathematically (7th Edition)MathISBN:9780134683713Author:Robert F. BlitzerPublisher:PEARSONDiscrete Mathematics With ApplicationsMathISBN:9781337694193Author:EPP, Susanna S.Publisher:Cengage Learning,Pathways To Math Literacy (looseleaf)MathISBN:9781259985607Author:David Sobecki Professor, Brian A. MercerPublisher:McGraw-Hill Education
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