Everett Electronics has a target selling price of $$100$ per unit,

variable manufacturing costs of $$40$ per unit and fixed

manufacturing costs of $$20$ per unit. Variable selling and

administrative costs are $$10$ per unit and fixed selling and

administrative costs are $$5$ per unit. Everett uses the

variable$-$cost approach to pricing and expects to sell $10,000$ units.

Instructions Prepare a budgeted income statement and determine

Everett$$s budgeted ROI given an investment of $$1,000,000.$Prepare a budgeted income statement and determine Everett$$s

budgeted ROI given an investment

of $$1,000,000.$