Sheridan Company incurred the following costs for 86000 units: Variable costs $524600 Fixed costs 392000 Sheridan has received a special order from a foreign company for 3000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $7800 for shipping. If Sheridan wants to earn $6000 on the order, what should the unit price be? O $10.70 O $8.10 O $15.26 O $9.16

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Current Attempt in Progress
Sheridan Company incurred the following costs for 86000 units:
Variable costs $524600
Fixed costs
Sheridan has received a special order from a foreign company for 3000 units. There is sufficient capacity to fill the order without
jeopardizing regular sales. Filling the order will require spending an additional $7800 for shipping.
If Sheridan wants to earn $6000 on the order, what should the unit price be?
$10.70
$8.10
$15.26
392000
O $9.16
Transcribed Image Text:Current Attempt in Progress Sheridan Company incurred the following costs for 86000 units: Variable costs $524600 Fixed costs Sheridan has received a special order from a foreign company for 3000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $7800 for shipping. If Sheridan wants to earn $6000 on the order, what should the unit price be? $10.70 $8.10 $15.26 392000 O $9.16
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