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    Sales Revenue

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    A small publishing company is planning to produce a new self-help book. The company needs to spend $50,232 for one-time fixed costs such as editing, typesetting, cover design, and so on. Variable costs, including printing and marketing, are $10.25 per book. The publisher will sell the finished product to the bookstores at a wholesale price of $23.25 per book. How many books must the publisher print and sell so that the costs for production will equal the revenue from sales?

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    Solution Summary

    Sales Revenue is investigated. The solution is detailed and well presented.