Company increases production

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Farmland Inc. produces 80,000 units of product A at a total cost of $2.4 million. Total fixed costs are $1 million. If the company increases production by 25% and uses a 40% markup the price per unit will be:

A) $30.80. B) $31.54. C) $38.50. D) $37.10.

Reference no: EM131078039

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