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I found the answer to number 2 to be $97,500. Please explain how to get number 3. The following applies to questions 2 and 3:
I found the answer to number 2 to be $97,500. Please explain how to get number 3.
The following applies to questions 2 and 3: Behn Corporation uses the total cost concept of cost-plus product pricing. Below is cost information for the production and sale of 50,000 units of its single product. Behn's owners want a profit equal to a 15% rate of return on invested assets of dollar 650,000. Behn's investors desire a total profit of: The selling price for Behrfs product isStep by Step Solution
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