Concord Corporation incurred the following costs for 66000 units: Variable costs $396000 Fixed costs 392000 Concord has received a special order from a foreign company for 3500 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $4900 for shipping. If Concord wants to break even on the order, what should the unit sales price be? $11.94 $7.40 $6.00 $13.34
Concord Corporation incurred the following costs for 66000 units: Variable costs $396000 Fixed costs 392000 Concord has received a special order from a foreign company for 3500 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $4900 for shipping. If Concord wants to break even on the order, what should the unit sales price be? $11.94 $7.40 $6.00 $13.34
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Concord Corporation incurred the following costs for 66000 units:
| Variable costs | $396000 |
| Fixed costs | 392000 |
Concord has received a special order from a foreign company for 3500 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $4900 for shipping.
If Concord wants to break even on the order, what should the unit sales price be?
$11.94
$7.40
$6.00
$13.34
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