ACCOUNTING-A company believes it can sell 5,300,000 of its proposed new optical mouse
QUESTION
A company believes it can sell 5,300,000 of its proposed new optical mouse at a price of $10.00 each. There will be $8,000,000 in fixed costs associated with the mouse. If the company desires to make a profit $2,000,000 on the mouse, what is the target variable cost per mouse?
ANSWER:
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