Question: A company has $25 per unit in variable costs and $1,000,000 per year in fixed costs. Demand is estimated to be 100,000 units annually. What

A company has $25 per unit in variable costs and $1,000,000 per year in fixed costs.

Demand is estimated to be 100,000 units annually. What is the price if a markup of 40% on total cost is used to determine the price?

A) $35

B) $49

C) $27

D) $42

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