Assume the Following Information for Janice Company If Fixed Costs Increased by 10% and Management Wanted to l

Multiple Choice

Assume the following information for Janice Company:
$$\begin{array} { l l } \text { Selling price per unit } & \$ 100 \\\text { Variable costs per unit } & \$8 0 \\\text { Total fixed costs } & \$ 8 0,000\end{array}$$
If fixed costs increased by 10% and management wanted to maintain the original break-even point,then the selling price per unit would have to be increased to ________.

A) $101.00
B) $102.40
C) $102.00
D) $103.00