Question: per month. Management is considering adding a chocolate coating to improve the value of the product by making it a dessert item. The variable


per month. Management is considering adding a chocolate coating to improve the value of the product by making it a dessert item. The variable cost will increase from $1.50 to $1.80 per unit, and fixed costs will increase by 10%. The CEO wants to price the new product at a level that will bring operating income up to $1000 per month. What sales price should be charged? (Round your answer to the nearest cent.) O $4.78 O $4.20 O $4.50 $6.00
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
