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Question 32 of 34 -1.5 = View Policies Current Attempt in Progress Pharoah Company has developed a new product, egg crates that prevent breakage. The cost per crate is $75 and the company expects to sell 1000 crates per year. Pharoah Company has invested $1600000 in equipment to produce the crates and desires a 12% return on investment. What is Pharoah Company's selling price for one egg crate? $112 $267 O $120 O $387 Save for Later Attempts: 0 of 1 used Submit