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This Question: 3 pts 29 of 49 (9 complete)his Test: 150 pts poss Titan Metalworks produces a special kind of metal ingots that are unique,

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This Question: 3 pts 29 of 49 (9 complete)his Test: 150 pts poss Titan Metalworks produces a special kind of metal ingots that are unique, which allows Titan to follow a cost plus pricing strategy Titan has $11,000,000 of assets and shareholders expect approximately a 7% return on assets. Assume all products produced are sold. Additional data are as follows: 400,000 units per year Sales volume Variable costs Fixed costs $16.00 per unit $1,600,000 per year Using the cost-plus pricing approach, what should be the sales price per unit? (Round your answer to the nearest cent.) O A. 51.93 O B. $21.93 OC. $20.00 O D. $1600

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