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Thank you for helping me out Chegg Tutor! Much appreciated! :) QUESTION 16 Currumbin Ltd sells a product for which they have a target profit

Thank you for helping me out Chegg Tutor! Much appreciated! :)

QUESTION 16

Currumbin Ltd sells a product for which they have a target profit of $30000. This product has variable costs of $4 per unit and total fixed costs of $45000.

If 15000 units are to be sold, what should be the selling price?

a.
$2

b.
$9

c.
$5

d.
$3

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