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Please answer ALL parts of the question. Thank you! Culver Corporation produces industrial robots for high-precision manufacturing. The following information is given for Culver Corporation.
Please answer ALL parts of the question. Thank you!
Culver Corporation produces industrial robots for high-precision manufacturing. The following information is given for Culver Corporation. The company has a desired ROI of 25%. It has invested assets of $45,095,000. It anticipates production of 3,110 units per year. Compute the unit cost of the fixed manufacturing overhead and the fixed selling and administrative expenses. Fixed manufacturing overhead $ per unit Fixed selling and administrative expenses $ perunit Compute the desired ROI per unit. ROI $ per unit Compute the target selling price. Target selling price Step by Step Solution
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