A company believes it can sell 5,500,000 of its proposed new optical mouse at a price of $10.00 each. There will be $8,000,000 in fixed costs associated with the mouse. If the company desires to make a profit $3,000,000 on the mouse, what is the target variable cost per mouse?

 

Round to two decimal places.

Answer rating: 100% (QA)

We can find the target variable cost per mouse by considering the following factors Selling Price 10... View the full answer