(​Break-even point and selling price​) Specialty​ Steel, Inc. will manufacture and sell 240,000 units next year. Fixed c

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(​Break-even point and selling price​) Specialty​ Steel, Inc.
will manufacture and sell 240,000 units next year. Fixed costs
will total ​$​340,000, and variable costs will be 50 percent of
sales.
a. The firm wants to achieve a level of earnings before interest
and taxes of ​$270,000. What selling price per unit is necessary to
achieve this​ result?
b. Set up a pro forma income statement to verify your solution
to part a.