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Route Two Tire Company makes a special kind of racing tire. Variable costs are $200 per? unit, and fixed costs are $32,000 per month. Route Two sells 400 units per month at a sales price of $ 300. The company believes that it can increase the price if the tire quality is upgraded. If? so, the variable cost will increase to $230 per? unit, and the fixed costs will rise by 25?%.The CEO wishes to increase the? company's operating income by 35?%. Which sales price level would give the desired? results? (Round your answer to the nearest? cent.)

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91967634

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