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XYZ Company reported the following information for June: variable cost per unit ............... $24 fixed costs .......................... $180,000 contribution margin per unit ......... $36 For
XYZ Company reported the following information for June: variable cost per unit ............... $24 fixed costs .......................... $180,000 contribution margin per unit ......... $36 For the month of July, XYZ Company expects its fixed costs to increase by $85,000 while the variable cost per unit will not change (it will remain at $24 per unit). Calculate the selling price per unit of XYZ Company's product needed in July in order to maintain the same break-even point in units as in June.
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