Using the Variable Cost Concept, Determine the Selling Price Per

question 161

Multiple Choice

Using the variable cost concept, determine the selling price per unit for 30,000 units using the following data:​Variable cost per unit $15Total fixed costs $90,000Desired profit $150,000Round to the nearest dollar.

• A) $10
• B) $15
• C) $8
• D) $23

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Information Efficiency

The extent to which market prices fully reflect all available relevant information.

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