Core Concepts Of Accounting Information Systems, 14th Edition
Core Concepts Of Accounting Information Systems, 14th Edition
14th Edition
ISBN: 9781119441465
Author: Mark G. Simkin
Publisher: WILEY
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Chapter 12, Problem 5TY
To determine

Identify the correct answer for the given statement.

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Option? General accounting question
GHI Corporation has a factory with fixed costs of $600,000 and a production capacity of 200,000 units annually. The product has a 35% contribution margin, and the company has a target profit of $400,000. What does the selling price per unit need to be at full production?
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