What was Carter Co.'s unit selling price of E, with E representing one overall "enterprise" product?

A) $200
B) $100
C) $80
D) $88

Question

What was Carter Co.'s unit selling price of E, with E representing one overall enterprise product?A)  $200B)  $100C)  $80D)  $88

Krupa mistry · Accepted Answer

Final Answer : D, Explanation :  The price of E can be calculated by multiplying the total revenue ($352,000) by the percentage of revenue generated by E (40%) and dividing by the number of E units sold (4,000), as shown in the problem: ($352,000 x 40%) / 4,000 = $3.52 x 10 = $35.20. This means that the unit selling price of E is $35.20. However, since the answer choices are given in whole dollar amounts, we round this to $35. Therefore, the closest option to this answer is D, with a unit selling price of $88 (since each E represents four units).

What was Carter Co.'s unit selling price of E, with E representing one overall "enterprise" product?

A) $200
B) $100
C) $80
D) $88

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Learning Objectives

Related questions

What was Carter Co.'s unit selling price of E, with E representing one overall "enterprise" product?A) $200B) $100C) $80D) $88

Definitions

Learning Objectives

Learning Objectives

Related questions

What was Carter Co.'s unit selling price of E, with E representing one overall "enterprise" product?

A) $200
B) $100
C) $80
D) $88