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Magpie corp. uses the total cost method of product pricing. Below is cost information for the production and sale of 58,800 units of its sole

Magpie corp. uses the total cost method of product pricing. Below is cost information for the production and sale of 58,800 units of its sole product. Magpie desires a profit equal to a 21% return on invested assets of $603,000.
fixed factory overhead cost $35,200
fixed selling and admin costs 7,600
variable direct materials cost per unit 5.2
variable direct labor cost per unit 1.88
variable factory overhead cost per unit 1.13
variable selling and admin cost per unit 4.50
the dollar amount of desired profit from the production and sale of magpies product is
A. $101,304
B. $603,000
C. $253,260
D. $126,630
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image text in transcribed
The doliar amount of desired profit from the production and sale of Magpie's product is a. \\( \\$ 101,304 \\) b. 5603.000 c. 5253,260 d. \\( \\$ 126,630 \\) ost informobon for the production and sale of 58,800 units of its sole product. Magpie desires a profit equal to a \21 return on invested assets of 5603,000 . product is The doliar amount of desired profit from the production and sale of Magpie's product is a. \\( \\$ 101,304 \\) b. 5603.000 c. 5253,260 d. \\( \\$ 126,630 \\) ost informobon for the production and sale of 58,800 units of its sole product. Magpie desires a profit equal to a \21 return on invested assets of 5603,000 . product is

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