Homework Answers
Correct answer--------$21
Working
| Total units sold | 12000 |
| Variable cost to be recovered (12000 x 11) | $ 132,000.00 |
| Fixed cost to be recovered | $ 40,000.00 |
| Profit to be earned | $ 80,000.00 |
| Total sales revenue (132000+40000+80000) | $ 252,000.00 |
| Price per unit (252000/12000) | $ 21.00 |
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