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Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the
Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price of its product. Fixed Selling and Administrative Total Costs $ 2,353,000 753,000 1,206,000 603,000 203,000 Variable Manufacturing Variable Selling and Administrative Plant-level Fixed Overhead Batch-level Fixed Overhead Total Investment in Product Line Expected Sales (units) 20,000 If Johnson determines price so as to receive a desired return on assets of 15%, the price is: 10,009,000 Multiple Choice $263.47 $306.97 $375.97 $365.26 $330.97
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