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What the company needs to set per unit selling price of

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Question 1: Last year Plaque Ltd. sold 20,000 units at $10 each. Variable costs amounted to $100,000 and fixed costs were $70,000. Variable expenses are expected to rise by 10% this year, but fixed costs will decline by $15,000. If Plaque wishes to make the same profit this year as they did last year, for selling the same number of units, the company needs to set a per unit selling price of?

Reference no: EM132547700

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