Avocado has received a special order for 2,400 units of its product at a special price. The product normally sells for $440 and has the following manufacturing costs: Per unit Direct materials $126 Direct labor 88 Variable manufacturing overhead 65 Fixed manufacturing overhead 111 Unit cost $390 Assume that Avocado has sufficient capacity to fill the order. What special order price should Avocado charge to make a $26,400 incremental profit?

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.