Question: A marketer wants to market a product. Unit variable cost is $16. The fixed cost is $400,000. He expects to sell 80,000 units of the

A marketer wants to market a product. Unit variable cost is $16. The fixed cost is $400,000. He expects to sell 80,000 units of the product and wants to earn a 30% mark up on sales. How much should the mark up price be for this product? Please show calculations

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!