A prolific author, Strategic Management

Dr. Allen Roth, a prolific author, is considering initiallising her own publishing company.  He will call it STC Publishing, Inc.  STC estimated costs are:
Fixed Cost    =    $25,000 a year
Variable Cost per book = $20
Selling price per book = $30

(a)    How many books must STC sell to break even?

(b)    What is the break-even point in dollars?

Posted Date: 3/25/2013 4:12:01 AM | Location : United States

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