Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500.000 units Total Per Unit Direct
Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500.000 units Total Per Unit Direct materials $17 Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses 6 Fixed selling and administrative expenses 10 $350,000 150,000 The company has a desired ROI of 40%. It has invested assets of $25,000,000. Calculate the total cost per unit. (Round answer to 2 decimal places, e.g. 15.25.) Total cost per units e Textbook and Media Question Part Score Calculate the desired ROI per unit. (Round answer to 2 decimal places, es. 15.25.) Desired ROI per unit Calculate the markup percentage using the total cost per unit. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage per unit e Textbook and Media Question Part Score Calculate the target selling price. (Round answer to 2 decimal places, eg. 15.25.) Target selling price $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started