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URGENT PLEASE HELP ASAP DUE IN A FEW MINS! Question 5 4 pts Our company is a price setter and has the following information available
URGENT PLEASE HELP ASAP DUE IN A FEW MINS!
Question 5 4 pts Our company is a price setter and has the following information available for the current year: budgeted sales volume, 200,000 units; desired operating income as a percentage of total assets, 17%; variable costs, $20 per unit; fixed costs, $4,000,000; and total assets, $12,000,000. What is our sales price per unit if we used the cost-plus pricing approach? $49.60 $51.91 $54.60 $50.20 Question 7 4 pts Our company manufactures and sells seven different products to different markets. Financial data for product x2 is as follows: revenue, $12,000: variable expenses, $12,500; and fixed expenses $1,000. We can eliminate all of the fixed expenses related to x2 if the product is dropped, and there will be no adverse effect on sales of other products. What is the effect of dropping this product on the operating income of the company? Operating income will increase by $500. Operating income will decrease by $500. Operating income will decrease by $1.500. Operating income will increase by $1,500Step by Step Solution
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