What selling price per unit is necessary to achieve result

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Reference no: EM131618819

(Break-even point and selling price) Parks Castings Inc. will manufacture and sell 250,000 units next year. Fixed costs will total $290,000, and variable costs will be 35 percent of sales. The firm wants to achieve a level of earnings before interest and taxes of $280,000. What selling price per unit is necessary to achieve this result?

What selling price per unit is necessary to achieve a level of earnings before interest and taxes of $280,000? $ (Round to three decimal places.)

Reference no: EM131618819

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