Light Bright believes it can sell 40,000 of its newly developed laser lights at a price of $24.00 each.There will be $680,000 in fixed costs associated with the laser light.If the company desires to make a profit of $100,000 on the laser light, what is the target variable cost for each laser light?
A) $4.50
B) $32.50
C) $28.33
D) $8.50
Correct Answer:
Verified
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