Break-even point of the new product is 12,000 units a month. Fixed cost is 800,000 dollars a month and variable cost is 20 dollars per unit. Based on the information above, which of the following is a selling price of the new product?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
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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Break-even point of the new product is 12,000 units a month. Fixed cost is 800,000 dollars a month and variable cost is 20 dollars per unit. Based on the information above, which of the following is a selling price of the new product?

Note: Round off your answers to 2 decimal places. Do not write the unit anymore.

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