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Speciality Steel Inc. will manufacture and sell 250,000 units of their product next year. Fixed costs will be $250,000. Variable costs will be 40% of
Speciality Steel Inc. will manufacture and sell 250,000 units of their product next year. Fixed costs will be $250,000. Variable costs will be 40% of sales. The firm wants to achieve a level of earnings before interest and taxes of $260,000. What selling price per unit is needed to accomplish this?
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