Question
A company produce and sell a product in sets. One year the company reported the following: Amount of sets produced and sold: 3200 Investment: 36
A company produce and sell a product in sets. One year the company reported the following:
Amount of sets produced and sold: 3200
Investment: 36 000 000 $
Operating income: 3 600 000 $
Assume markup percentage on full cost to be 6%, and variable unit cost 9000 $.
Calculate:
- Rate of return on investment in percent
- The full cost
- Selling price per set
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Auditing Oracle E Business Suite Common Issues
Authors: Jeffrey T. Hare
1st Edition
1329529766, 978-1329529762
