A small factory can produce 60,000 units per annum at its optimum capacity. The estimated unit costs of production are as under: The factory produces only against orders (and not for stock). The...

A small factory can produce 60,000 units per annum at its optimum capacity. The estimated unit costs of production are as under:

The factory produces only against orders (and not for stock). The production programme of the factory is as indicated below. The management desires to ensure a profit of `1,00,000 for the year. Work out the average selling price at which each unit should be quoted.