Completing a Break Even Analysis
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A company has $50 per unit in variable costs and $1,200,000 per year in fixed costs. Demand is estimated to be 110,000 units annually. What is the price if a markup of 40% on total cost is used to determine the price?
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Solution Summary
This answer find out the selling price per unit.
Education
- MBA, Indian Institute of Finance
- Bsc, Madras University
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