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

question 73

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:

Dissolved Boundary

A theoretical or metaphorical concept referring to the blurring or elimination of distinctions between different categories, spaces, or identities.

Entertainment

Activities, events, or performances designed to provide enjoyment, amusement, or leisure to an audience.

Eroding

The process of gradually wearing away or deteriorating, often used metaphorically to describe the weakening of institutions or values.

Public Trust

The degree of confidence that the public has in the capability, integrity, and efficiency of organizations, institutions, or government to fulfill their responsibilities.