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( Break-even point and selling price ) Parks Castings Inc. will manufacture and sell 200,000 units next year. Fixed costs will total $300,000, and variable

(Break-even point and selling price) Parks Castings Inc. will manufacture and sell 200,000 units next year. Fixed costs will total $300,000, and variable costs will be 60 percent of sales.

The firm wants to achieve a level of earnings before interest and taxes of $250,000. What selling price per unit is necessary to achieve this result?

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