Party Pools LLC assembles five different models of pool pumps
Party Pools LLC assembles five different models of pool pumps for residential in-ground swimming pools. Fixed costs to produce model P07 pump are $75,000 per year. Variable costs per pump for this model are $40. If the company estimates that 1,200 pool pumps will be sold next year, what should the pump price be to result in $30,000 in net income?
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