Planning to finance college education


Katherine D'Ann is planning to finance her college education by selling programs at the football games for State University. There is a fixed cost of $400 for printing these programs, and the variable cost is $3.

There is also a $1,000 fee that is paid to the university for the right to sell these programs. If Katherine was able to sell programs for $5 each, how many would she have to sell in order to break even?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Planning to finance college education
Reference No:- TGS0689369

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)