Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

give answer in excel format and show work A company manufactures a unique small appliance that can make a variety of coffee drinks. It has

image text in transcribed

give answer in excel format and show work

A company manufactures a unique small appliance that can make a variety of coffee drinks. It has invested assets of $5,500,000 and anticipates production of 10,000 units a year. The desired ROI is 15% Below is the cost information for the appliance. Answer the following questions based on the data above using Cost-Plus pricing approach: Round all amounts and ratios to whole numbers 1. Compute the total cost per unit to manufacture the appliance 2. Compute the Desired ROI in total. 3. Compute the Desired ROI per unit. 4. Compute the Mark-Up percentage required to meet the desired ROI. 5. Compute the Target Price per unit. 6. What would first month's sales be if they sold 1,000 units?| Instructions: Show all calculations for each item, by numbering your answers. You can show your work handwritten on paper. If using Excel, make sure to show calculations as formulas are not visible on PDF scan

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Beyond Compliance Using The Portable Universal Quality Lean Audit Model

Authors: Janet Bautista Smith

1st Edition

0873898400, 9780873898409

More Books

Students also viewed these Accounting questions

Question

demonstrate the importance of induction training.

Answered: 1 week ago