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Island Novelties, Incorporated, of Palau makes two products-Hawaiian Fantasy and Tahitian Joy. Each product's selling price, variable expense per unit and annual sales volume
Island Novelties, Incorporated, of Palau makes two products-Hawaiian Fantasy and Tahitian Joy. Each product's selling price, variable expense per unit and annual sales volume are as follows: Selling price per unit Hawaiian Fantasy $ 30 Tahitian Joy $ 100 Variable expense per unit $ 21 $ 25 Number of units sold annually 30,000 6,000 Fixed expenses total $652,800 per year.
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