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9. A company produces 1,000 packs of product T per month. Sales price is $12.00 per pack. Variable cost is $8.50 per unit, and fixed
9. A company produces 1,000 packs of product T per month. Sales price is $12.00 per pack. Variable cost is $8.50 per unit, and fixed costs are $3,200 per month. Management is considering adding a feature to improve the value of the product. The variable cost will go up from to $10.00 per unit, and fixed costs will go up by 25%. The CEO wishes to price the new product at a level which will bring operational income up to $3,000 per month. What price is needed
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