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Rogers Company Has the Following Data for 2018

Question 67

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Rogers Company has the following data for 2018:
 Rogers Company has the following data for 2018:    -Assume the company can sell 18,000 units. What price must it charge per unit to earn a before-tax profit of $110,000? (Round to the nearest cent.)
-Assume the company can sell 18,000 units. What price must it charge per unit to earn a before-tax profit of $110,000? (Round to the nearest cent.)

Correct Answer:

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$19
Let P = Price needed
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