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Grand Gimmicks Company produces a single product with a current selling price of $ 1 7 0 . Variable costs are $ 1 3 0
Grand Gimmicks Company produces a single product with a current selling price of $ Variable costs are $ per unit, and fixed costs per month average $ Management is considering increasing the selling price to $ per unit. Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price.
At the current selling price of $ per unit, closest to what dollar volume of sales per month is required for Grand Gimmicks to breakeven?
Note: Round your intermediate percentage to one decimal place and final answer to the nearest whole dollar.
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