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Bliss Corporation has provided the following financial information for its current year: Selling price (per unit) $2,200 Variable cost (per unit) $990 Fixed costs (total)
Bliss Corporation has provided the following financial information for its current year:
Selling price (per unit) | $2,200 |
Variable cost (per unit) | $990 |
Fixed costs (total) | $150,000 |
It is forecasted that fixed costs will increase by 5% in the coming year. The selling price should be increased to _______ in order to maintain the same break even point as that of the current year.
A. | $2,310.00 | |
B. | $2,258.50 | |
C. | $2,260.50 | |
D. | $2,259.50 |
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