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

 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,

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