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Q32 Crane Company has developed a new product. egg crates that prevent breakage. The cost per crate is $55 and the company expects to sell

Q32
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Crane Company has developed a new product. egg crates that prevent breakage. The cost per crate is $55 and the company expects to sell 1000 crates per year, Crane Company has invested $1740000 in equipment to produce the crates and desires a 10% return on investment. What is Crane Company's selling price for one egg crate? O $110 $229 O $100 O $329

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