Question
Cain Manufacturing produces 40,000 clocks at a total cost of $908,000. Total fixed costs are $408,000. If Cain increases production by 20% and uses a
Cain Manufacturing produces 40,000 clocks at a total cost of $908,000. Total fixed costs are $408,000. If Cain increases production by 20% and uses a 50% markup, how much will the selling price per unit be?
A. $49.35
B. $21.00
C. $31.50
D. $34.05
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
134460826, 134460820, 9780134524818 , 978-0134526270
