Multiple Choice
Stone Company plans to sell 200,000 calculators. The fixed costs are $600,000, and the variable costs are 60% of the selling price. If the company wants to realize a profit of $120,000, the selling price of each calculator must be:
A) $5.00
B) $7.50
C) $9.00
D) $10.00
Correct Answer:
Verified
Correct Answer:
Verified
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