Innes Company recently changed the selling price of one of its products.Data concerning sales for comparable periods before and after the price change are presented below. 
The product's variable cost is $23.20 per unit. According to the formula in the text,the product's profit-maximizing price is closest to:
Definitions:
Learning Within Organizations
Processes or activities through which individuals and groups acquire, share, and apply knowledge and skills to improve organizational effectiveness.
Bullwhip Effect
The phenomenon where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.
Behavioral Obstacles
Psychological and emotional barriers that influence individuals' decision-making processes and actions.
Information Processing Obstacles
Challenges encountered in the collection, processing, and distribution of data, affecting decision-making and operations.
Q4: One advantage of using actual cost incurred
Q15: Denner Company has two divisions,A and B,that
Q19: When a dispute arises over a transfer
Q20: In companies that have "no lay-off" policies,the
Q60: If 500,000 finished units were to be
Q62: Web Company uses a standard cost system
Q72: In activity-based costing,organization-sustaining costs should not be
Q114: Reifsnyder Corporation keeps careful track of the
Q124: Biello Co.manufactures and sells medals for winners
Q156: An unfavorable activity variance for a cost