Curtis Company anticipates selling 10,000 units next year.The company wants to earn a net income equal to 10% of sales.If variable expenses are $12 per unit and fixed expenses total $78,000 per year,what selling price must be established to achieve the desired level of net income?
A) $18.00 per unit.
B) $19.80 per unit.
C) $21.78 per unit.
D) $22.00 per unit.
Correct Answer:
Verified
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