Kapalua,Inc.manufactures hand held planners.Total fixed costs are $3,950,000,with variable costs per unit of $148.28.The corporate tax rate is 35%.If Kapalua can sell 39,242 units,the per unit selling price necessary to earn an after-tax profit of $1,430,000 must be:

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Explanation:Contribution Margin=Selling Price-Variable Cost=$156.72Contribution Margin Ratio=Contribution Margin/Selling Price=51.38%Break-even Sales in Units=Fixed Costs/Contribution Margin=$25,182Break-even Sales in Dollars=Break-even Sales in Units*Selling Price=$7,670,000Target Profit=$1,430,000Sales in Dollars=Break-even Sales in Dollars+Target Profit=$9,100,000Sales in Units=Sales in Dollars/Selling Price=39,242Selling Price=$231.90After-tax Selling Price=Selling Price/(1-Tax Rate)=$231.90/(1-0.35)=$353.05