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A company is trying to ascertain the selling price per unit for their product. They know the OCF is $170,654, interest expense is $21,300, and
A company is trying to ascertain the selling price per unit for their product. They know the OCF is $170,654, interest expense is $21,300, and fixed costs are $116,900. Variable costs are $25.89 per unit with 20,000 units expected to be sold. The tax rate is 34%. Fixed assets total $759,500 and are being depreciated straight-line to zero over seven years. What is the selling price per unit given this information?
please show steps and formulas, im using a ba ii plus financial calculator
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