Item3

Item 3

Item 3

A firm expects to sell 26,900 units of its product at $16 per unit. Pretax income is predicted to be $61,900. If the variable costs per unit are $8, total fixed costs must be:

Multiple Choice

• $368,500.

• $430,400.

• $153,300.

• $126,400.

• $215,200.

  Leeks Company's product has a contribution margin per unit of $14.10 and a contribution margin ratio of 23.5%. What is the selling price of the product?

  Multiple Choice

• $6.

• $24.

• $36.

• $48.

• $60.