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[See Solution] The Goldberg-Scheinman Company is publishing a new managerial economics text for which it has estimated the following total fixed and average

Question: The Goldberg-Scheinman Company is publishing a new managerial economics text for which it has estimated the following total fixed and average variable costs:

  1. Determine the breakeven output and total sales revenue
  2. Determine the output that would generate a total profit of $60,000 and the total sales revenues at that output level.
Total Fixed Costs:
Copy editing 10,000
Typesetting 70,000
Selling and promotion 20,000
Total Fixed Costs 100,000
Average Variable Costs
Printing and binding 6
Administrative costs 2
Sales commission 1
Bookstore discounts 7
Author’s royalties 4
Average Variable costs 20
Project selling price 30

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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