A computer manufacturer produces a certain electronic component at a cost of $100 per component. Shipping costs for delivering the components are $4 per unit. Further, the manufacturer has costs of $24,500 a month related to the electronic component regardless of how many it produces. If the manufacturer produces and sells 100 components a month, what is the lowest price it can sell them for such that the costs don't exceed the revenues?
Choices
A) 278  B) 366  C) 349  D) 335  E) 295
$24500 is a fixed cost   Each component is $104 ($100 to produce, $4 to ship)   Manufacturer will be producing and selling 100 components   so therefore the equation to find price would be   100*p = 24500+(100*100)+(100*4)   p = (24500+10000+400)/100= 
<gadget id="calculator">(24500+10000+400)/100</gadget>
<output>349</output>
349   Answer: 349
<result>C</result>
A computer manufacturer produces a certain electronic component at a cost of $100 per component. Shipping costs for delivering the components are $4 per unit. Further, the manufacturer has costs of $24,500 a month related to the electronic component regardless of how many it produces. If the manufacturer produces and sells 100 components a month, what is the lowest price it can sell them for such that the costs don't exceed the revenues?