Let Fixed Cost be F
Variable cost = V = $10
Sales Price = S = $16
Profit = $75000
Number of packs sold = n = 60000
Hence, Profit = Sales - Costs
= Sales - Fixed Costs - Variable costs
= Sn - F - Vn
=> 75000 = 16*60000 - F - 10*60000
=> F = 16*60000 - 10*60000 - 75000 = $285000
None of the answer options are correct
37. Southwest U's campus book store sells course packs for $16 each. The variable cost per...
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 60, 000 packs, the store earns $85, 000 before taxes on course packs. packs? 17. How much are the fixed costs of producing the course a. $125, 000 b. $182, 250 c. $202, 500 d. $275, 000 e. $385,000
Please show in Excel! book store sells jackets for $20 each. The variable cost per jacket is $22 and at curre rs annual sales of 50,000 jackets, the stoe earns $78,000 before taxes on jackets. How much are the fixed xosta of productinv jackets? Price: VC Per Unit: Quantity: Profite: Sales: Fixed Cost: