Jamie Quinn, a Sole Proprietor, Has the Following Projected Figures

question 95

Multiple Choice

Jamie Quinn, a sole proprietor, has the following projected figures for next year: $\begin{array} { l } \text {Selling price per unit }&\$150.00\\ \text {Contribution margin per unit }&\$45.00\\ \text {Total fixed costs }&\$630,000\\\end{array}$
What selling price per unit is needed to obtain a before-tax profit of $270,000 at a volume of 4,000 units?

• A)$150.00
• B)$105.00
• C)$225.00
• D)$330.00

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