A company has $6.50 per unit in variable costs and $4.60 per unit in fixed...
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Accounting
A company has $6.50 per unit in variable costs and $4.60 per unit in fixed costs at a volume of 50,000 units. If the company marks up total cost by 40%, what prices should be charged if 66,000 units are expected to be sold? My answer is $13.98 and I just want to see if I calculated this correctly please. Could you show your formula used? Thanks.
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