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Find the minimum price that Fox Company should charge

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Question - Fox Company has just received an order from a customer for 1,000 units of a product with total variable costs of $15.00 per unit. Fox Company will have to rent a machine for $10,000, pay overtime amounting to $5,000 to handle this order and fixed the packaging and shipping costs of $2,000 for this order. The production supervisor has just advised that to complete this order, production and sales of 500 units of an existing product, which is sold for $35.00 per unit and has a variable cost of $23.00 per unit, will have to be sacrificed. Find the minimum price that Fox Company should charge?

a. $38.00

b. $30.00

c. $44.00

d. $15.00

Reference no: EM132840690

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