Hen Company Has Developed a New Product, Egg Crates That

question 54

Multiple Choice

Hen Company has developed a new product, egg crates that prevent breakage.The cost per crate is $50 and the company expects to sell 1,000 crates per year.Hen Company has invested $1,000,000 in equipment to produce the crates and desires a 10% return on investment.What is Hen Company's selling price for one egg crate?

• A)$110
• B)$150
• C)$100
• D)$250

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