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

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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:

Standard-Size

Refers to products or goods made or packaged in sizes that conform to a norm or a set of norms for consistency.

Negligent Misrepresentation

A false statement made by one party to another, where there was no intention to deceive but due to carelessness, leading to damages or losses.

Skills

The ability to perform tasks or duties effectively based on knowledge, experience, and competence.

Competence

The ability of an individual to perform a job or task correctly, or in legal terms, the capacity to stand trial or make legally binding decisions.

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