Question

A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). The one-time fixed costs will total $49,920 . The variable costs will be $10.25 per book. The publisher will sell the finished product to bookstores at a price of $25.25 per book. How many books must the publisher produce and sell so that the production costs will equal the money from sales?

Answer 1

3328 books

Explanation:

10.25X + 49920 = 25.25x Subtract 10.25 x from both sides

49920 = 15x Divide both sides by 15

3328 = x