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Mike Corporation produces commercial fertilizer spreaders. The following information is available for Mike's anticipated annual volume of 250,000 units. The estimated sales price is $80.

Mike Corporation produces commercial fertilizer spreaders. The following information is available for Mike's anticipated annual volume of 250,000 units. The estimated sales price is $80. The company has a desired ROI of 20%, it has invested assets of $40,000,000 Required: Compute each of the following: a) Total cost per unit b) Mark up percentage using total cost per unit.

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Mike Corporation produces commercial fertilizer Spreaders. The following information is available for Mike's anticipated annual volume of 250,000 units. The estimated sales price is $80. The company has a desired ROI of 20%, it has invested assets of $40,000,000 Reguired: Compute each of the following: a) Total cost per unit b) Mark up percentage using total cost per unit

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