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Beamer produces a special kind of metal ingots that are unique, which allows Beamer to follow a cost-plus pricing strategy. Beamer has $10,000,000 of assets
Beamer produces a special kind of metal ingots that are unique, which allows Beamer to follow a cost-plus pricing strategy. Beamer has $10,000,000 of assets and shareholders expect approximately a 8% return on assets. Assume all products produced are sold. Additional data are as follows: Using the cost-plus pricing approach, what should be the sales price per unit? (Round your answer to the nearest cent.) $2.00 $21.00 $15.00 $19.00
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