Ideal Company Ideal Company Produces and Sells a Single Product

Multiple Choice

Ideal Company Ideal Company produces and sells a single product.Information on its costs follow:
$\begin{array}{ll}\text{Variable costs:}\\~~\text { SG\&A } & \$ 2 \text { per unit } \\~~\text { Production } & \$ 4 \text { per unit } \\\text { Fixed costs: } & \\~~\text { SG\&A } & \$ 12,000 \text { per year }\\~~\text { Production } & \$ 15,000 \text { per year } \end{array}$ Refer to Ideal Company.Assume Ideal Company produced and sold 5,000 units.At this level of activity,it produced a profit of $18,000.What was Ideal Company's sales price per unit?

A) $15.00
B) $11.40
C) $9.60
D) $10.00