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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 price

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.

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Johnson Marine has the following costs and expected sales for the coming year. Joh Total Costs Variable Manufacturing $ 2, 350,000 Variable Selling and Administrative 750,000 Plant-level Fixed Overhead 1, 200,000 Fixed Selling and Administrative 600,000 Batch-level Fixed Overhead 200,000 Total Investment in Product Line 10 , 000 , 000 Expected Sales (units ) 20 ,000 If Johnson determines price so as to receive a desired return on assets of 15%, the price Multiple Choice

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