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The Snedecker Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2 percent

The Snedecker Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2 percent per period. Based on the following information, what is the break-even price per unit that should be charged under the new credit policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Current Policy New Policy
Price per unit $ 86 ?
Cost per unit $ 46 $ 46
Unit sales per month 4,400 4,700

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