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31) Jasmine, Director of the Northern Division of Gris Inc. has the autonomy to make decisions involving better cost management. The following data concerns the
31) Jasmine, Director of the Northern Division of Gris Inc. has the autonomy to make decisions involving better cost management. The following data concerns the division's operations for the next year:
Average total assets: $10,000,000 Total annual fixed cost: $6,000,000 Variable cost per unit: $70 Expected sales volume: 150,000 units
Gris Inc. management will promote Jasmine if she achieves a 15% ROI for the year. What should be the unit selling price if she wants to get her promotion?
Options for Question 31 :
70$
103$
150$
120$
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