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A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as editing) and variable costs (such as printing). There are two production methods it could use. With one method, the one-time fixed costs will total $64,652 , and the variable costs will be $10 per book. With the other method, the one-time fixed costs will total $12,137 , and the variable costs will be $21.25 per book. For how many books produced will the costs from the two methods be the same?
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64,652+10x=12,137+21.25x. I'm not doing it for you :)
method 1 cost = 64652 + 10x method 2 cost = 12137 + 21.25x equate these and solve for x
Thank, I can't seem to come up with the answer
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