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?

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