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What selling price per unit is necessary to achieve result

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Simple Metal Works, Inc. will manufacture and sell 190,000 units next year. Fixed costs will total $260,000, and variable costs will be 60 percent of sales.

Question a. The firm wants to achieve a level of earnings before interest and taxes of $240,000. What selling price per unit is necessary to achieve this result?

Question b. Set up an analytical income statement to verify your solution to part ?

Reference no: EM132490595

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