ChemCo has developed a new product, and has consulted with its marketing department, who have determined that the market share will be 30,000 units, and have recommended that a selling price of $60.00 per unit would be approp- priate. ChemCo has been able to keep the cost per unit at $40.00. The company has spent a total of $900,000 to design and develop this product. Required: Use the above information to compute as follows:

Compute the expected margin for ChemCo

Compute the expected turnover

Compute the ROI