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The following data are for Sophie Wynn Company. Variable cost per unit$12.50 Fixed costs$500,000 Calculate the selling price per unit that must be charged in

The following data are for Sophie Wynn Company.

Variable cost per unit$12.50

Fixed costs$500,000

Calculate the selling price per unit that must be charged in order to generate a profit of $270,000 with a sales volume of 50,000 units.

  • $23.30
  • $27.90
  • $15.40
  • $17.90
  • $24.90

Which answer is correct?

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