Problema company has 650 per unit in variable costs and 500, Ask an Expert

Accounting

Problem:

A company has $6.50 per unit in variable costs and $5.00 per unit in fixed costs at a volume of 50,000 units.

Required:

Question: If the company marks up total cost by 0.40, what price should be changed if 61,000 units are expected to be sold?

Note: Show all workings.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165480

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