Seattle Leisure Designs has designed a new athletic suit. The company plans to produce and sell 30,000
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Seattle Leisure Designs has designed a new athletic suit. The company plans to produce and sell 30,000 units of the new product in the coming year. Annual fixed costs are $600,000, and variable costs are 70 percent of selling price. If the company wants a pre-tax profit of $300,000, at what minimum price must it sell its product?
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Given Plugged Sales Less Variable Cost 07S Contribution Margin 900000 Less Fixed Costs ...View the full answer
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Rajiv Chadha
I m in field of education from last 7 years , teaching science upto high level schooling and taking chemistry as specialized subject at senior level. I m associated with neetprep which is online platform for medical entrance in india.i try to clear and teach basic concepts of chemistry and also teaches students short- cuts for problem solving so that they can develop interest in subject and acquire good knowledge as well as good grades. I like to pass whatever I ve learnt academically to younger generation so that they take further human race to better standards.
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Related Book For 
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
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