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A magazine company has the capacity to print and sell 200,000 magazines per month. It sells each magazine for $7.25 each, has fixed costs of $100,000.00 per month, and variable costs of $0.50 per magazine. What revenue amount will result in a net income of $17,000,00 for the month? Round to the nearest cent

A magazine company has the capacity to print and sell 200,000 magazines per month. It sells each magazine for $7.25 each, has fixed costs of $100,000.00 per month, and variable costs of $0.50 per magazine. What revenue amount will result in a net income of $17,000,00 for the month? Round to the nearest cent

Intermediate Algebra
Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.5: Solve Linear Inequalities
Problem 2.118TI: Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per...
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A magazine company has the capacity to print and sell 200,000 magazines per month. It sells each magazine for $7.25 each, has fixed costs of $100,000.00 per month, and variable costs of $0.50 per magazine. What revenue amount will result in a net income of $17,000,00 for the month? Round to the nearest cent Answer:
Transcribed Image Text:A magazine company has the capacity to print and sell 200,000 magazines per month. It sells each magazine for $7.25 each, has fixed costs of $100,000.00 per month, and variable costs of $0.50 per magazine. What revenue amount will result in a net income of $17,000,00 for the month? Round to the nearest cent Answer:
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