Lockeed marretta company is exploring the possibility of introducing a new product. lockeed has developed the following data in order to determine a selling price for that new product. number of units to be produced and sold each year 16,500 unit product cost $ 50 projected annual selling and administrative expenses $ 60,000 estimated investment required by the company $ 530,000 desired return on investment (roi) 20 %the absorption costing approach to cost-plus pricing is used at lockeed marretta company for such decisions. compute the selling price per unit. (round your intermediate and final answers to 2 decimal places. )

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.