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Problem 12-3 (similar to) (Break-even point and selling price) Specialty Steel, Inc. will manufacture and sell 150,000 units next year. Fixed costs will total $330,000,

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Problem 12-3 (similar to) (Break-even point and selling price) Specialty Steel, Inc. will manufacture and sell 150,000 units next year. Fixed costs will total $330,000, and variable costs will be 35 percent of sales. a. The firm wants to achieve a level of earnings before interest and taxes of $250,000. What selling price per unit is necessary to achieve this result? b. Set up a pro forma income statement to verify your solution to part a. a. What selling price per unit is necessary to achieve a level of earnings before interest and taxes of $250,000? (Round to three decimal places.)

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