Southwest ursquos campus book store sells course packs for, Ask an Expert

Finance

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 50,000 packs, the store earns $75,000 before taxes on course packs. How much are the fixed costs of producing the course packets?

a. $164,025

b. $182,250

c. $202,500

d. $225,000

e. $247,500

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92406664

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