18 the following data are for Sophie Wynn company

The following data are for Sophie Wynne Company. Initial contribution margin ratio 60% Fixed costs $500,000 Initial breakeven level of sales 50,000 units Calculate the selling price per unit that must be charged in order to generate a profit of $270,000 with a sales volume of 100,000 units. Note: The 60% contribution margin ratio and the 50,000 breakeven units relate to the initial selling price, not to the revised selling price generated in answer to this question. O $16.98 O $23.30 O $22.70 O $14.37