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What price would the company have to charge per club

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Reference no: EM133041434

Problem - You are given the following information about a company that sells golf clubs.

Estimated club sales in units 30,000

Price per club 450,00

Variable cost% of sales 60%

Fixed costs 1,000,000

Interest expense 550,000

Tax rate 30%

Required - What price would the company have to charge per club to get a zero EBIT? Assume variable cost per unit will be 60% of price per unit and all other inputs don't change if price per unit changes.

Reference no: EM133041434

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