Jessup Company expects to incur overhead costs of $20,000 per month and direct production costs of $125 per unit. The estimated production activity for the upcoming year is 1,000 units. If the company desires to earn a gross profit of $50 per unit, the sales price per unit would be which of the following amounts?
A. $195
B. $290
C. $415
D. $175
Answer: C
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a. True b. False Indicate whether the statement is true or false
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