Using the Variable Cost Concept, Determine the Selling Price for 30,000

question 130

Essay

Using the variable cost concept, determine the selling price for 30,000 units using the following data: variable cost per unit, $15.00; total fixed costs, $90,000; and desired profit, $150,000. Round the markup percentage to one decimal place and markup to nearest dollar.

---

Definitions:

Mass Media

Diverse media technologies that reach a large audience via mass communication, encompassing news, entertainment, and advertising through outlets like TV, radio, and the Internet.

Emphasis

The importance, stress, or prominence given to something in speaking, writing, or actions, highlighting its significance.

United States

A country located primarily in North America, consisting of 50 states, a federal district, and various territories.

Television Program

A content piece produced for broadcast on television, encompassing various genres and formats such as news, entertainment, and documentaries.