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What should the selling price per unit be

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Reference no: EM132514633

Set up the following cell entries in Excel:

Variable cost/unit                               $1.5

Fixed cost                                         $90

Selling price/unit                                   $3

Number of units                                        60

  • Assuming that the number of units to be sold is fixed and is 60. Current selling price is $3 and subject to change.

Question 1: Using Goal Seek, what should the selling price per unit be in order to realize a breakeven amount of $200? Please explain how to get this with every step

Reference no: EM132514633

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