Management Accounting Test Questions

Q.  In a purely competitive market, 10,000 mobiles can be manufactured and sold for a certain profit. Profit targeted is Rs 2,00,000. The variable cost per mobile is Rs 100 and the total fixed costs are Rs 40,000. Find out unit selling price.

a. Rs 124 per mobile
b. Rs 1.24 per mobile
c. Rs 1240 per mobile
d. None of the above

ANSWER: See Answer
No explanation is available for this question!