U.S. firms are not being aggressively challenged in the computer industry

To accurately determine the financial performance of a company, it is necessary to compare its performance from year to year, with a competing company, and with the same industry as a whole

Indicate whether the statement is true or false

Princeton Avionics makes aircraft instrumentation

Its basic navigation radio requires $90 in variable costs and $3,000 per month in fixed costs. Princeton sells 20 radios per month. If the company further processes the radio, to enhance its functionality, it will require an additional $30 per unit of variable costs, plus an increase in fixed costs of $400 per month. The current sales price of the radio is $270. The CEO wishes to improve operating income by $1,100 per month by selling the enhanced version of the radio. In order to meet this target, the sales price to be charged for the enhanced product is ________. A) $300 per unit B) $375 per unit C) $105 per unit D) $390 per unit