We appreciate your visit to Celebrity Printings sold annual subscriptions to their magazine for 33 000 in December 2019 The magazine is published monthly The new subscribers received their first. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
Without the exact number of subscribers, it's not possible to determine how much each subscriber paid per magazine. We can only find out that Celebraty Printings earned $2,750 per month from subscriptions.
Explanation:
The question involves calculating how much each subscriber paid per magazine, given that Celebraty Printings sold annual subscriptions for $33,000 in December 2019 and the magazine is published monthly.
Since subscribers received their first magazine in January 2020, we need to consider a full year of magazines being distributed to calculate the cost per magazine per subscriber.
First, we calculate the total number of magazines distributed in a year. Since the magazine is published monthly, this results in 12 issues per year. To find out how much each subscriber paid per magazine, we divide the total subscription revenue by the number of issues and then divide that number by the total subscribers, if known.
However, with the information provided, we cannot determine the exact number of subscribers without knowing how much each subscription costs per year.
Therefore, we can only calculate the price per magazine issue by dividing the total revenue by 12 months. $33,000 divided by 12 gives us $2,750 per month. Without knowing the number of subscribers, this is as far as we can calculate.
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