If the estimated demand for the book is 1500 copies, what, Ask an Expert

Management Studies

Dr. John R. Brown is considering a publishing company under the name JRB Publishers, JRB's estimated costs are:
Fixed Cost: $60,000

Variable cost/book: $20

Selling price/book: $30

In addition to the above costs, Dr. Brown wants to pay himself $40,000 for his time

Find the number of books JRB must sell to break-even

If the estimated demand for the book is 1500 copies, what is the expected profit (loss) of JRB?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9696784

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