using the variable cost concept determine the selling price
using the variable cost concept, determine the selling price for 30,000 units using the following data: Vartable cost per unit, $15.00; total fixed costs, $90,000; and desired profit, $150,000. Round to whole numbers. All work saved MacBook Air 20 8 7 3
Solution
Desired profit = [unit (price-variable cost) ] - fixed cost
150000 = [30000(P-15)]- 90000
150000+90000 = 30000(P-15)
240000/30000 = (P-15)
8 +15 =P
Price= $ 23 per unit
