A publisher for a promising new novel figures fixed costs at $46,157 and variable costs at $2.97 foreach book produced. If the book is sold to the distributors for $15 each, how many books must beproduced and sold for the publisher to break even?

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Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A publisher for a promising new novel figures fixed costs at $46,157 and variable costs at $2.97 for each book produced. If the book is sold to the distributors for $15 each, how many books must be produced and sold for the publisher to break even?