Mathematics · Cost Accounting
Based on the data given below, calculate the selling price per unit if the company desires a pre-tax 20% return on the selling price: Annual Production: 5,00,000 Units Material Cost: ₹40,00,000 Wages and other variable costs: ₹60,00,000 Fixed Cost: ₹8,00,000 Investment in fixed assets and working capital: ₹80,00,000 Corporate tax rate: 30%
- 1₹25.92
- 2₹26.17
- 3₹27.00
- 4₹27.00✓
Correct answer
₹27.00
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