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On sales of 10,000 units, Ridgetow expects to earn operating income equal to 10% of sales. If variable expenses are $12 per unit, and fixed
On sales of 10,000 units, Ridgetow expects to earn operating income equal to 10% of sales. If variable expenses are $12 per unit, and fixed expenses are $78,000 per year, what selling price will be required to achieve the desired level of operating income?
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