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Conquest, Inc. produces a special kind of light - weight, recreational vehicle that has a unique design. It allows the company to follow a cost
Conquest, 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 9% return on assets. Assume all products produced are sold. Additional data are as follows: Sales volume Variable costs Fixed costs 4,000 units per year $2,000 per unit $4,000,000 per year Using the cost - plus pricing approach, what should be the sales price per unit? O A. $2,000 O B. $20,000 OC. $3,203 OD. $2,180
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