Question
A company believes it can sell 6,000,000 of its proposed optical mouse for $14 each. There will be $7,500,000 in fixed costs associated with the
A company believes it can sell 6,000,000 of its proposed optical mouse for $14 each. There will be $7,500,000 in fixed costs associated with the mouse. If the company desires to make a profit of $3,000,000 on the mouse, what is the target variable cost per mouse?
| A) | $12.25 |
| B) | $11.00 |
| C) | $10.60 |
| D) | $ 9.00 |
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
