59. Spencer Company expects to sell 60,000 units next year. Variable production costs are $4 per unit, and variable sell

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59 Spencer Company Expects To Sell 60 000 Units Next Year Variable Production Costs Are 4 Per Unit And Variable Sell 1 (23.43 KiB) Viewed 7 times

59. Spencer Company expects to sell 60,000 units next year. Variable production costs are $4 per unit, and variable selling costs are 10% of the selling price. Fixed expenses are $115,000 per year, and the company has set a target profit of $50,000. Based on this information, the unit selling price should be: A) $7.00 B) $10.75 C) $7.50 D) $6.75 Answer: C Level: Hard LO: 6