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Ivanhoe Motors expects to produce 10000 motors during the upcoming year. It has budgeted for the following: net income of $197000; variable costs of $509000;
Ivanhoe Motors expects to produce 10000 motors during the upcoming year. It has budgeted for the following: net income of $197000; variable costs of $509000; and fixed costs of $315000. The company has invested assets of $1000000 and a budgeted return on investment (ROI) of 20.60%. What is the budgeted markup percentage used in pricing each motor using a cost-plus method of pricing? 21%32%16%25% Sheridan Technologies produces wireless keyboards for computers. The costs associated with production of 8600 units are variable costs of $77400 and fixed costs of $30100. The budgeted operating income at 8600 units is $172000. What is the expected unit selling price if Sheridan uses a cost-plus method based on full cost? $29.00$32.50$20.00$12.50
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