John Richards Inc. has a cost per unit of $10 and an annual volume of sales of

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John Richards Inc. has a cost per unit of $10 and an annual volume of sales of 18,000 units. If a $200,000 investment is required and the target rate of return is 12%, calculate the target mark-up per unit.

a. $11.11

b. $1.33

c. $11.33

d. $1.20

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Accounting For Managers Interpreting Accounting Information For Decision Making

ISBN: 9781118037966

1st Canadian Edition

Authors: Paul M. Collier, Sandy M. Kizan, Eckhard Schumann

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Question Posted: May 31, 2024 10:00 AM

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John Richards Inc. has a cost per unit of $10 and an annual volume of sales of

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Accounting For Managers Interpreting Accounting Information For Decision Making

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