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Demonstrate what is the selling price

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Reference no: EM132634265

Problem 1: A company uses cost plus pricing on an absorption cost basis. it sells 10 000 units with a ,manufacturing cost of N$ 12 per unit, Fixed selling and administration cost of N$ 50 000 per year , and investment in assets are N$ 150 000 its required on investmnet is 20%

what is the selling price ?

A. N$ 18

B. N$ 15

C. N$ 20

D. N$ 13.20

E. 14.40

Reference no: EM132634265

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