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enot [183]
3 years ago
5

Using the variable cost method, determine the selling price (rounded to the nearest dollar) for 30,000 units using the following

data:
Variable cost per unit $15
Total fixed costs $90,000
Desired profit $150,000
a. $23
b. $10
c. $8
d. $15
Business
1 answer:
Brilliant_brown [7]3 years ago
7 0

Answer:

c. $8

Explanation:

Calculation to determine the selling price

First step is to calculate the Markup percent

Markup percent= (90,000 + 150,000) / (30,000 x 15)

Markup percent = .533

Now let calculate the selling price

Selling price=533 x $15 per unit

Selling price= $8

Therefore the Selling price will be $8

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