A felt-tip pen manufacturer is forecasted

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A felt-tip pen manufacturer is forecasted to sell 33000 pens next month. Their fixed costs are $27400 per month and variable costs are $0.40 per pen.

Management wants to generate $13500 in profits next month. Assuming that the demand is met, what must the selling price be?

Reference no: EM131428219

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A felt-tip pen manufacturer is forecasted : A felt-tip pen manufacturer is forecasted to sell 33000 pens next month. Their fixed costs are $27400 per month and variable costs are $0.40 per pen. Management wants to generate $13500 in profits next month. Assuming that the demand is met, what mus..

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