(Break-even point and selling price) Specialty Steel, Inc. will manufacture and sell 230,000 units next year. Fixed costs will total $340,000, and variable costs will be 30 percent of sales.

a. The firm wants to achieve a level of earnings before interest and taxes of $280,000. What selling price per unit is necessary to achieve this result?

b. Set up a pro forma income statement to verify your solution to part a.

A. What selling price per unit is necessary to achieve a level of earnings before interest and taxes of $280,000? $ (Round to three decimal places.)

(Break-even point and selling price) Spocialty Steol, Inc. will marufacture and sell 230,000 units next year, Fixed costs will total 5340,000 , and variable costs will be 30 percent of salos. a. The firm wants to achieve a level of eamings before interest and taxes of $280,000. What selling price per unit is necessary to achieve this result? b. Set up a pro forma income statement to verify your solution to part a. a. What selling price per unit is necessary to achieve a level of earnings before interest and taxes of $280,000 ? (Round to three decimal places.)