Resolution, Inc produces high quality blenders. The costs to produce 10,000 blenders are: Variable costs: $240 per unit Fixed costs: $490,000

Resolution has invested $1,200,000 and requires a 30% return on investment. What will the selling price have to be to achieve their required ROI?

Group of answer choices

a) $240

b) $49

c) $36

d) $325

e) $85

f) None of the above