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During the current year, Sandhill Corporation expects to produce 10,000 units and has budgeted the following: net income $350,000; variable costs $1,250,000; and fixed costs
During the current year, Sandhill Corporation expects to produce 10,000 units and has budgeted the following: net income $350,000; variable costs $1,250,000; and fixed costs $150,000. It has invested assets of $2,150,000. What was the company's budgeted ROI? What was its budgeted markup percentage using a total cost approach? Budgeted ROI per unit $ Budgeted markup percentage %
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