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(Competency 4: Learning Objective 4) Off Road Concepts, Inc. produces a special kind of light-weight, recreational vehicle that has a unique design. It allows the
(Competency 4: Learning Objective 4) Off Road Concepts, Inc. produces a special kind of light-weight, recreational vehicle that has a unique design. It allows the company to follow a cost-plus pricing strategy. It has $9,000,000 of average assets, and the desired profit is a 7% 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? $3,065 $8,000 $1,070 $1,000
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