Burkhart Company manufactures a product that has a variable

Burkhart Company manufactures a product that has a variable cost of $25 per unit. Fixed costs total $1,000,000, allocated on the basis of the number of units produced. Given a set number of units sold, compute selling price after adding a 25% markup. Please show your work.

Solution

a.         $31.25

b.         $42.00

c.         $37.50---------answer

d.         $30.00