Durant Manufacturers has performed extensive studies on its costs and production and estimates the following annual costs based on 154,000 units (produced and sold):

	Total Annual Costs (154,000 units)
Direct material		$	285,000
Direct labor			255,000
Manufacturing overhead			219,000
Selling, general, and administrative			130,000
Total		$	889,000

Required:

Required:
(a)	Compute Durant's unit selling price that will yield a profit of $389,200, given sales of 154,000 units. (Round your answer to 2 decimal places.)

A = $8.30

(b)

Compute Durant's dollar sales that will yield a projected 28 percent profit on sales, assuming variable costs per unit are 60 percent of the selling price per unit and fixed costs are $252,000.

(c)	Management believes that a selling price of $7.40 per unit is reasonable given current market conditions. How many units must Durant sell to generate the revenues (dollar sales) determined in requirement (b)?