Chen Corporation produces industrial robots for high-precision manufacturing. The following information is given for Chen Corporation. The
Question:
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The company has a desired ROI of 20%. It has invested assets of $49,600,000. It anticipates production of 3,000 units per year.
Instructions
(a) Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses.
(b) Compute the desired ROI per unit. (Round to the nearest dollar.)
(c) Compute the target sellingprice.
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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a Fixed manufacturing overhead per unit 1800000 600 ...View the full answer
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PALASH JHANWAR
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