Stellar Electronics manufactures speakers with $35 per unit in variable costs and $900,000 in fixed costs per year. If annual production and sales are expected to be 60,000 units and the company uses a 30% markup on total cost, what is the selling price per unit? a. $45.50 b. $59.80 c. $65.00 d. $70.50

Stellar Electronics manufactures speakers with $35 per unit in variable costs and $900,000 in fixed costs per year. If annual production and sales are expected to be 60,000 units and the company uses a 30% markup on total cost, what is the selling price per unit? a. $45.50 b. $59.80 c. $65.00 d. $70.50

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 10E: Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of 22...

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