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The iLearn (iL) Ltd. Company has developed a new product called iSMART for children. Following...

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Accounting

The iLearn (iL) Ltd. Company has developed a new product called iSMART for children. Following estimates have been made about the product for the coming year; Fixed Costs per annum $60,000 Unit selling Price $20 Unit Variable Cost $10 Existing sales 8,000 units Relevant range of output 4,000 - 12,000 units . What is the required (new) selling price to show a profit of $30,000 on sales of 6,000 units

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