Otly tech projected cost information for a new product is as follows:

Variable manufacturing costs:

$9 per unit

Variable selling costs:

$3 per unit

Fixed manufacturing costs:

$34,000

Fixed selling costs:

$50,000

The product is to be sold at $24 per unit

What price would the company have to sell this product for if they wish to sell 10,000 units and realize a profit of $50,000?

Options:

$18

$25.40

$22.50

$5.70