Problemtynex inc a manufacturing company produces 80000, Ask an Expert

Accounting

Problem:

Tynex, Inc., a manufacturing company produces 80,000 units of product A at a total cost of $2.4 million. Total fixed costs are $1.4 million.

Requirement:

Question: If the company increases production by 25% and uses a 19% markup, the price per unit will be:

$51.80
$37.10
$30.80
$31.54

Note: Provide support for rationale.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91167221

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