What is the selling price of all three subs combined, Accounting Basics

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What is the selling price of all three subs combined

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Q: SUB has produced the first unit of a new line of minisubs at a cost of $800,000. $500,000 of this material and the remainder is labor. SUB has agreed to accept a 10% profit and it is willing to contract based on a 85% learning curve if the customer buys 3 subs. What is the selling price of all three subs combined?

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Accounting Basics: What is the selling price of all three subs combined

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