A company has $6.10 per unit in variable costs and $3.00 per unit in fixed costs at a volume of 50,000 units. If the company marks up total cost by 0.59, what price should be charged if 59,000 units are expected to be sold? Round to two decimal places.
A company has $6.10 per unit in variable costs and $3.00 per unit in fixed costs at a volume of 50,000 units. If the company marks up total cost by 0.59, what price should be charged if 59,000 units are expected to be sold? Round to two decimal places.
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...
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![A company has $6.10 per unit in
variable costs and $3.00 per unit in
fixed costs at a volume of 50,000 units.
If the company marks up total cost by
0.59, what price should be charged if
59,000 units are expected to be sold?
Round to two decimal places.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe21a3b6c-9afa-427c-acb0-b9d17bf31e41%2F45b986d5-95ee-4436-8e53-bc0dd85b7f2f%2Fjlpiws_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A company has $6.10 per unit in
variable costs and $3.00 per unit in
fixed costs at a volume of 50,000 units.
If the company marks up total cost by
0.59, what price should be charged if
59,000 units are expected to be sold?
Round to two decimal places.
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