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What must the selling price be to achieve this

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Question - Your small toy manufacturing facility has the following information:

Fixed costs $10,500

Material cost per toy $0.375

Electricity cost per toy $0.019

Labor cost per toy $0.095

Management demands that we have $6,000 in profit if we sell 40,000 toys.

Required - What must the selling price be to achieve this?

Reference no: EM133127595

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