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A community college bookstore has a fixed monthly operating cost of $16,495 for salaries, their building, and taxes. The books they sell cost the company an average of $8.75 each to produce with a turnover average of 14,500 volumes each month. What is the store’s average monthly cost of doing business?

User Sybio
by
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1 Answer

5 votes

Answer:

$143,370 per month

Explanation:

16495 + 8.75(14500) = x

16495 + 126875 = x

143370 = x

Answer: $143,370 per month

Hopefully this is right

User Sushilprj
by
7.8k points
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