Determining breakeven output-total sales revenue

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Reference no: EM1370092

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

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 Cost 2

Sales Commissions 1

Bookstore Discounts 7

Author's royalties 4

Average variable costs $ 20.00

Project Selling Price $ 30.00

Find out the breakeven output and total sales revenues. Estimate the output that would generate total profit of 60,000 and total sales revenue at that output level.

Reference no: EM1370092

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