The following information is for a product of Lanier Company:
Last year,the variable cost per unit was $25.Total fixed costs were $800,000.At a volume of 170,000 units,the company achieved a profit of $50,000.
Required:
What was the unit sales price for the product last year?

Question

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The Answer of The following information is for a product of Lanier Company:
Last year,the variable cost per unit was $25.Total fixed costs were $800,000.At a volume of 170,000 units,the company achieved a profit of $50,000.
Required:
What was the unit sales price for the product last year?

The Following Information Is for a Product of Lanier Company