Royald Company manufactures a product that has a variable cost of $30 per unit. Fixed posts total $1,500,000, allocated on the basis of the number of units produced. Selling price is puted by adding 20% markup to full cost. How much should the selling price be per unit 300,000 units? a) $49

Royald Company manufactures a product that has a variable cost of $30 per unit. Fixed posts total $1,500,000, allocated on the basis of the number of units produced. Selling price is puted by adding 20% markup to full cost. How much should the selling price be per unit 300,000 units? a) $49

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

a) $49

b) $43.75

c) $42

d) none of the above

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