Question: explain and show using a ba ii plus calculator. thank you! Question 3, Problem 12... Part 1 of 2 HW Score: 77.78%, 7 of 9
Question 3, Problem 12... Part 1 of 2 HW Score: 77.78%, 7 of 9 points O Points: 0 of 1 Save (Break-even point and selling price) Specialty Steel, Inc will manufacture and sell 200,000 units next year. Fixed costs will total $280,000, and variable costs will be 35 percent of sales a. The firm wants to achieve a level of earnings before interest and taxes of $260,000 What selling price per unit is necessary to achieve this result? b. Set up a pro forma income statement to verify your solution to part a a. What selling price per unit is necessary to achieve a level of earnings before interest and taxes of $260,000? (Round to three decimal places)
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