If Lakeview Tech Solutions has fixed costs of $24,000, a variable cost per unit of $1.20, and a break-even point of 4,000 units, what is the selling price per unit?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 7P
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If Lakeview Tech Solutions has fixed costs of $24,000, a variable cost
per unit of $1.20, and a break-even point of 4,000 units, what is the
selling price per unit?
Transcribed Image Text:If Lakeview Tech Solutions has fixed costs of $24,000, a variable cost per unit of $1.20, and a break-even point of 4,000 units, what is the selling price per unit?
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