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The Berry Corporation is considering a change in its cash-only policy. The new terms would be...

The Berry Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2% per period. Based on the following information, what is the break-even price per unit that should be charged under the new credit policy? Assume that the sales figure under the new policy is 2,600 units and all other values remain the same. Calculate the Breakeven price

Current Policy New Policy
Price per unit $ 56 $ 58
Cost per unit $ 32 $ 32
Unit sales per month 2,300 2,600
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