Problemsouthwest us campus book store sells course packs, Ask an Expert

Finance

Problem:

Southwest U's campus book store sells course packs for $16 each. The variable cost per pack is $10, and at current annual sales of 49,000 packs, the store earns $75,000 before taxes on course packs.

Required:

Question: How much are the fixed costs of producing the course packs?

$69,840
$61,920
$55,440
$72,000
$59,040

Note: Be sure to show how you arrived at your answer.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91163310

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