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Mahony Enterprises is a price-setter that uses the cost-plus pricing approach. The products are specialty...

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Accounting

Mahony Enterprises is a price-setter that uses the cost-plus pricing approach. The products are specialty compc used in industrial equipment. The CEO is certain that the company can produce and sell 488,000 units per year to the high demand for the product. Variable costs are $6.00 per unit. Total fixed costs are $854,000 per year. Th target operating income for the year is $162,000. What sales price would allow the CEO to achieve the target pr the cost-plus pricing method is used? (Round the sale price per unit to the nearest cent. Show all computations
Find target revenue and sales price to be changed
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