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# Breaking-even points for decision modeling

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A start-up publishing company estimates that the fixed costs of its first major project will be \$190,000, the variable cost will be \$18, and the selling price per book will be \$34.

a) How many books must be sold for this project to break even?
b) Suppose the publishers wish to take a total of \$40,000 in salary for this project. How many books must be sold to break even, and what is the break-even point, in dollars?

##### Solution Summary

The solution gives detailed steps on calculating the number of books for the project to break even.

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a) number of books which are sold for this project to break even = Fixed Costs / Contribution margin = ...

##### Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

##### Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.