What should be the selling price per unit

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Question - Fatou, director of division A has all the autonomy to make decisions involving better management of costs and investments. The following data is for Division A operations for the year 2021:

Average cash balance: $800,000

Average net fixed asset balance: $10,800,000

Average balance of accumulated fixed asset amortization: $4,200,000

Average trade receivables balance: $2,000,000

Average deferred revenue balance: $500,000

Average raw material inventory balance: $750,000

Average finished goods inventory balance: $650,000

Average taxes payable balance: $100,000 Annual total fixed cost: $7,000,000 Unit variable cost: $60 Sales volume: 220,000 units Company promotes Fatou if she had achieved ROI by 12% in 2021. What should be the selling price per unit in 2021 to obtain the promotion?

Reference no: EM133157613

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