Fruit plc. plans to produce a high energy fruit-based bar called 5aday. It is anticipated...

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Accounting

Fruit plc. plans to produce a high energy fruit-based bar called 5aday. It is anticipated that variable costs will amount to 50p per bar. The company will produce 5aday in a processing facility with a capacity to produce 1 million bars a year. Fixed costs are 350,000 per annum. What would the selling price if the company wanted to make a profit of 200,000 when producing at maximum capacity?

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