Fixed expenses for each new edition of the book calculate, Ask an Expert

Finance

Fixed expenses for each new edition of the book

Copy editing $3,000.00
Art work $1,000.00
Typesetting $36,000.00

Variable expenses per copy of the book
Printing and binding $1.60
Bookstore discounts $2.00
Salespersons commission $0.25
Author Royalities $1.00

Each book sells for $10 per copy

Question 1:
What would be the contribution margin for each copy of the book ?
Question 2:
The contribution margin ratio for the textbook is?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9276140

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Question - you are given one-year stock options with an

Question - You are given one-year stock options with an exercise price of $30. The current stock price is $30, so the options are at-the-money. Without hedging, the stock price at year-end will either be $28 or $38 with ...

Barely heroes corporation has bonds on the market with 145

Barely Heroes Corporation has bonds on the market with 14.5 years to maturity, an YTM of 9 percent, and a current price of $850. The bonds make semiannual payments. What must the coupon rate be on Barely Heroes' bonds?

You are considering an investment in a 40-year security the

You are considering an investment in a 40-year security. The security will pay $25 a year at the end of each of the first three years. The security will then pay $30 a year at the end of each of the next 20 years. The no ...

Conventional corporation is evaluating a capital budgeting

Conventional Corporation is evaluating a capital budgeting project that will generate $600,000 per year for the next 10 years. The project costs $3.6m and their required rate of return is 11%. Should the project be purch ...

Why does the binomial option pricing formula discount the

Why does the binomial option pricing formula discount the expected cash flows using the risk-free rate?

Assignment - based on walgreens boots alliance wba

Assignment - Based on Walgreens Boots Alliance (WBA) Pharmacy: This paper will utilize the calculations for the pro forma financial model and identify the necessary financial artifacts needed to formulate an informed mod ...

Question - gj industries has 10 million shares of common

Question - GJ Industries has 10 million shares of common stock outstanding with a market price of $15.00 per share. The company also has outstanding preferred stock with a market value of $20 million, and 200,000 bonds o ...

Earlier this week the big game lottery jackpot hit 351

Earlier this week the Big Game Lottery jackpot hit $351 million. The winner(s) will get $13.5 million a year for 2 years (with the first payment at time zero). But the winner(s) will have to pay income taxes. After taxes ...

A project currently generates sales of 20 million variable

A project currently generates sales of $20 million, variable costs equal 50% of sales, and fixed costs are $4.0 million. The firm's tax rate is 35%. Assume all sales and expenses are cash items. a. What are the effects ...

Assignment question -your group will perform a financial

Assignment Question - Your group will perform a financial analysis of the assigned company. Every group will work on the allocated company Company - The company must be ANZ - Australia and New Zealand Banking Group Limit ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert