What should your selling price be per unit

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Question - Selling price is $50/unit, VC are $36/unit, Fixed costs are $280,000, current net income is $140,000. You are thinking about starting an advertising campaign that will cost and extra $40,000 and instead of leaving the selling price the same, you have decided to increase the price. What should your selling price be per unit if you will sell the same number of units as you are currently selling and you want net income to be $160,000?

Reference no: EM132926497

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