Mays Tools believes it can sell 80,000 of its proposed new Dirt Dodgers at a price of $50 each.If the company desires to make a profit of 60% of selling price, what is the target variable cost per Dirt Dodger?
A)$25.00
B)$30.00
C)$31.25
D)There is not enough information provided to determine the answer.

Question

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The Answer of Mays Tools believes it can sell 80,000 of its proposed new Dirt Dodgers at a price of $50 each.If the company desires to make a profit of 60% of selling price, what is the target variable cost per Dirt Dodger?
A)$25.00
B)$30.00
C)$31.25
D)There is not enough information provided to determine the answer.

Mays Tools Believes It Can Sell 80,000 of Its Proposed