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Lawn King, a manufacturer of riding lawn mowers, realizes a cost of $450 for every unit it produces. Its total fixed costs equal $6 million.
Lawn King, a manufacturer of riding lawn mowers, realizes a cost of $450 for every unit it produces. Its total fixed costs equal $6 million. If the company manufactures 1 million units, compute the following:
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unit cost
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markup price if the company desires a 30% return on sales
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ROI price if the company desires a 60% return on an investment of $2 million
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