Question
Marigold Corp. has a new product going on the market next year. The following data are projections for production and sales: Variable costs $187500 Fixed
Marigold Corp. has a new product going on the market next year. The following data are projections for production and sales:
| Variable costs | $187500 |
| Fixed costs | $450000 |
| ROI | 14% |
| Investment | $3000000 |
| Sales | 150000units |
What is the target selling price per unit?
a. 5.80
b. 4.25
c. 7.05
d. 4.05
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
3rd edition
77826485, 978-0077722074, 77722078, 978-0077826482
