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n4 ed out of A company is attempting to establish the selling price for a new product it wishes to sell. The owners of the

n4 ed out of A company is attempting to establish the selling price for a new product it wishes to sell. The owners of the company expect net income will be $210,000, with 25,000 units estimated to be sold. If the tax rate is 30%, variable cost per unit is $12.24 per unit, and total fixed costs are $156,000, determine the selling price per unit Note: enter your answers in dollars and cents, for example $45.87 Answer: Next page

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