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.

---

Definitions:

Budgeted Balance Sheet

A financial statement that projects the future financial position of a company, estimating future assets, liabilities, and equity at a specific timeframe.

Strategy Map

A visual tool that outlines an organization's strategy and objectives in a clear, concise manner, showing how various elements are interconnected.

Corporate Social Responsibility

A business model that helps a company be socially accountable—to itself, its stakeholders, and the public.

Corporate Profits

The total earnings of a company after all expenses have been deducted from revenues, highlighting the financial health and profitability of the company.