What was Carter Co.'s unit selling price of E, with E representing one overall "enterprise" product?
A) $200
B) $100
C) $80
D) $88

Question

Quizplus · Accepted Answer

The price of E can be calculated by multiplying the total revenue ($352,000) by the percentage of revenue generated by E (40%) and dividing by the number of E units sold (4,000), as shown in the problem: ($352,000 x 40%) / 4,000 = $3.52 x 10 = $35.20. This means that the unit selling price of E is $35.20. However, since the answer choices are given in whole dollar amounts, we round this to $35. Therefore, the closest option to this answer is D, with a unit selling price of $88 (since each E represents four units).

What Was Carter Co