The Cairns Company has fixed costs of $400 000 and variable costs are 75% of...
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Accounting
The Cairns Company has fixed costs of $400 000 and variable costs are 75% of the selling price. To realise profits of $100 000 from sales of 500 000 units, the selling price per unit:
Select one:
A.
must be $1.33
B.
must be $1.00
C.
must be $4.00
D.
is indeterminable
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