What price must each widget be sold for the company
Question:
Millman Electronics will produce 60,000 stereos next year. Varibable costs will equal 50% of sales, while fixed costs will total $120,000. At what price must each widget be sold for the company to achieve an EBIT of $95,000?
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At what price must each widget be sold for the company to achieve an EBIT of $95,000?
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