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Cost structure for an independent comic book publisher is as follows:
Fixed cost = 75,000
Variable cost = 6.00 per book
Selling price = 13.00 per book
Compute the following:
How many books have to be sold to make a profit of 2000 dollars?
The publisher has an estimate of demand of 5000 books. At what selling price would the publisher break even?
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Lake Charles Seafood makes 500 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant managers have decided to operate three 8-hour shifts instead.
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