Determine selling price per unit
Problem:
Leather Company sold 20,000 units, had variable costs of $12 per unit, fixed costs of $100,000, and profits of $60,000.
Required:
Question: What is the selling price per unit?
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Leather Company sold 20,000 units, had variable costs of $12 per unit, fixed costs of $100,000, and profits of $60,000. Question: What is the selling price per unit?
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