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assets totaling $625,000; average operating assets of $325,000; operating income of $125,000; and $750,000 in sales. Calculate the return on investment. Round to two decimals.
assets totaling $625,000; average operating assets of $325,000; operating income of $125,000; and $750,000 in sales. Calculate the return on investment. Round to two decimals. Question 4 (3 points) Mystical Corporation has just commercialized a new product that they will bring to market in the new year. They have determined the costs to produce this product are as follows: Direct labour: $20 per unit: direct materials: $45 per unit: variable manufacturing overhead per unit: $16: total fixed manufacturing overhead: $125.000; and total selling and administrative expenses: $100.000. Mystical will produce 14.000 units and plans to price the product at cost plus 2596, What price is Mystical planning to charge for their new product? Question 5 5
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