How many paper and digital books will have to sell

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You run a business out of your dorm room selling ACC2020 textbooks in both paper and digital versions. The paper version costs you $190 and you can sell it for $380. The digital version costs you $80 and you can sell it for $125. Last semester you sold 20 paper versions for $7,600 and 80 digital versions for $10,000. You expect that sales mix will continue this semester.

Question 1: If your semester fixed costs are $5,000 for a publisher's license, what dollar amount of sales will you need to breakeven?

Question 2: How many paper and digital books will you have to sell to breakeven (round up to whole books)? Round all percentages to the nearest 100th (i.e., 45.6666% would be 45.67%) and round dollars to the nearest whole dollar

Reference no: EM132507439

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