Reggie's Travel Bags has a unit selling price of $65, unit variable cost of $35, and fixed costs of $25,000 per month. Last month the company sold 1,000 travel bags. If fixed costs increase by $5,000 next month what unit selling price is needed to maintain the current level of income while keeping everything else constant?

Answer rating: 100% (QA)

To find the unit selling price needed to maintain the current level of income while keeping everythi... View the full answer