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A company is currently operating at 80% capacity level. The production under normal capacity level is 1,50,000 units. The variable cost per unit is ` 14 and the total fixed costs are ` 8,00,000. If the company wants to earn a profit of ` 4,00,000, then the price of the product per unit should be
Accountingmedium
A37.50
B38.25
24.00
D35.00
Correct Answer: C. 24.00
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