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A manufacturing company pays $16,600 per month for rent and utilities, $49,150 for administrative salaries, $4,050 for insurance costs, and $61,602 for equipment rental. The
A manufacturing company pays $16,600 per month for rent and utilities, $49,150 for administrative salaries, $4,050 for insurance costs, and $61,602 for equipment rental. The variable costs are $32 per unit for material and $63.70 per unit for labour. It needs to manufacture and sell 3,710 units to break even. a. What is the selling price per unit?
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