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

question 143

Multiple Choice

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
Desired profit $150,000

• A) $10
• B) $15
• C) $8
• D) $23

---

Definitions:

Coca-colonization

The term used to describe the globalization of American culture pushed through popular American products, notably Coca-Cola, and its impact on the cultural diets and practices of other nations.

Neoliberalism

An economic philosophy that argues for the sovereignty of the free market without any government intervention. The sole responsibility of a company is to make a profit for its shareholders. To maximize the social good, the model of the market must be extended to all realms of society.

Market Speculation

The act of trading in an asset, or conducting a financial transaction, that has a significant risk of losing most or all of the initial outlay, in expectation of a substantial gain.

Mass Migrations

Large-scale movements of groups of people from one geographical area to another, often resulting from factors like conflict, natural disasters, or economic opportunities.