1. Shelton Manufacturing is considering three different prices for their new personal digital planner: $60; $50; and $40. Variable costs per unit are $25. Monthly demand at each price is 15,000; 25,000; and 40,000, respectively. Monthly projected fixed costs $150,000.
3. Determine the profit maximizing price.
4. $50 per unit
5. $60 per unit
6. $40 per unit
7. $25 per unit
8. $15 per unit
9. Question 5