(Answered) Question - our company is a price setter and has the

Accounting

Question - Our company is a price setter and has the following information available for the current year:

• budgeted sales volume, 220,000 units;

• desired operating income as a percentage of total assets, 16%;

• variable costs, $25 per unit;

• fixed costs, $4,000,000; and

• total assets, $12,000,000.

What is our sales price per unit if we used the cost-plus pricing approach?

$49.60

$51.91

$54.60

$50.20

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