Askew Enterprises produces a product with fixed costs of $200,000 and variable cost of $9 per unit. The company desires to earn

Question

3 years ago

5

a $100,000 profit and believes it can sell 20,000 units of the product. Required a. Based on this information, determine the target sales price.

1 answer:

Jet001 [13] · Answer 1 · 2022-10-16T23:01:56+03:00

3 0

Answer:$24

Explanation:

Formula : Sales - Variable costs - Fixed costs = profit

x(20,000) - $180,000-$200,000 = $100,000,

x(20,000) = $480000

x = $24