Exam, Page 10 section VIII: Target Price (9 points) 20. During the current year Greeve Corporation expects to produce 10,000 units and has budgeted the following: net income $300,000; variable costs $900,000; and fixed costs $350,000. It has invested assets of $1,750,000. The company's budgeted ROI was 20%. Instructions: What is the desired ROI per unit? What should the target price per unit be, to achieve the desired ROI? What was its budgeted markup percentage using a full-cost approach? - 900 000 3,000/5 790.000 1000000 00