Find what selling price per unit necessary to achieve result

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Simple Metal Works, Inc. will manufacture and sell 300,000 units next year. Fixed costs will total $350,000 and variable costs will be 65 percent of sales

Question a. The firm wants to achieve a level of earnings before interest and taxes of $250,000. What selling price per unit is necessary to achieve this result?

Question b. Set up a pro forma income statement to verify your solution to part (a)

Reference no: EM132538160

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