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1200 units of microchips are required to be sold to earn a profit of ?1,06,000 in a monopoly market. The fixed cost for the period is ?74,000. The contribution in the monopoly market is as high as 3/4th of its variable cost. Determine the target selling price per unit.

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Syllabus (with weightage)
A. Cost Management 20%
B. Strategic Cost Management Tools and Techniques 50%
C. Strategic Cost Management - Application of Statistical Techniques in Business Decisions 30%

Related Test: CMA Intermediate Exam: Cost and Management Accounting


1200 units of microchips are required to be sold to earn a profit of ?1,06,000 in a monopoly market. The fixed cost for the period is ?74,000. The contribution in the monopoly market is as high as 3/4th of its variable cost. Determine the target selling price per unit.






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