FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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.
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