sue bee honey is one of the largest processors of
sue bee honey is one of the largest processors of its product for the retail market. assume that it processes honey at one large facility. its annual fixed costs total $8,000,000, of which $3,000,000 is for administrative and selling efforts. sales are anticipated to be 800,000 cases a year. variable costs for processing are $4 per case, and variable selling expenses are 24 percent of selling price. there are no variable administrative expenses. requiredif the company desires a profit of $4,000,000, what is the selling price per case?
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