An Electronics Company has the following cost structure for an electronic product. Fixed selling and administrative costs
Question:
An Electronics Company has the following cost structure for an electronic product.
Fixed selling and administrative costs Rs. 6,00,000.
Additional information:
(i). Budgeted production and sale for the next year is 20000 units.
(ii). The management feels that a minimum return of 20% is required on equity investments of Rs. 20,00,000.
What price should it charge for one unit of its output.
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