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What should be the unit selling price

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Reference no: EM133079778

Question - Jasmine, Director of the Northern Division of Gris Inc. has the autonomy to make decisions involving better cost management. The following data concerns the division's operations for the next year:

Average total assets: $10,000,000

Total annual fixed cost: $6,000,000

Variable cost per unit: $70

Expected sales volume: 150,000 units

Gris Inc. management will promote Jasmine if she achieves a 15% ROI for the year. What should be the unit selling price if she wants to get her promotion?

Reference no: EM133079778

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