Question
Walton Corporation currently sells 104 units of its product. The company is deciding the price it should charge for a wholesale order of 40 units.
Walton Corporation currently sells 104 units of its product. The company is deciding the price it should charge for a wholesale order of 40 units. The variable cost per unit is $200. This order will not entail any additional fixed cost and the company's current sales will not be affected. The company targets a profit of $4,000 on the wholesale order.
What selling price per unit should the company quote for the bulk order? (Round your answer to the nearest whole dollar.)
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
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