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

question 89

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.

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Definitions:

Error

A mistake or inaccuracy in action, calculation, opinion, or judgment caused by poor reasoning or misunderstanding.

Judgment

The ability to make considered decisions or come to sensible conclusions.

Tendency

An inclination towards a particular type of behavior, action, or thought.