(Break-even point and selling price) Specialty Steel, Inc. will manufacture and sell 230 ,000 units next year. Fixed costs will total $260 ,000, and variable costs will be 50 percent of sales.

a. The firm wants to achieve a level of earnings before interest and taxes of $270, 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.