Baird Enterprises produces a product with fixed costs of $42,300 and variable cost of $3.60 per unit. The company desires to earn a $27,000 profit and believes it can sell 11,000 units of the product. Required a. Based on this information, determine the target sales price.

Baird Enterprises produces a product with fixed costs of $42,300 and variable cost of $3.60 per unit. The company desires to earn a $27,000 profit and believes it can sell 11,000 units of the product. Required a. Based on this information, determine the target sales price.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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