Respuesta :
Smith Company sells a single product at a unit price of $30. Fixed expenses are $41,400 and variable expenses are $12 per unit. The break-even point for Smith is 2,300 units.
What is selling price ?
- The selling price is the amount paid by a buyer for a product or service. It varies according to how much the buyer is willing to pay, how much the seller is ready to accept, and how competitive the price is in comparison to other companies in the need.
- SELLING PRICE is defined in the Britannica Dictionary. [singular]: the actual selling price of something. They asked $200,000 for the house, but it ultimately sold for $175,000.
- Thus, the selling price per unit formula divides sales by the number of units or quantity sold to determine the price per unit from the income statement.
To learn more about selling price, refer to:
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