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The following information is available for THE Company: Sales (in units) ................. 2,500 units Selling price .................... $80 per unit Variable costs ................... $35 per

The following information is available for THE Company: Sales (in units) ................. 2,500 units Selling price .................... $80 per unit Variable costs ................... $35 per unit Fixed costs (in total) ........... $37,500 If the company's sales in units decrease by 30% and if the company desires a target profit of $50,000, the selling price charged by the company for its units must be:

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$61.92 per unit

$63.57 per unit

$70.00 per unit

$76.67 per unit

$85.00 per unit

$92.00 per unit

none of the above choices are correct

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