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Please solve it quickly within 15 minutes and get two upvotes immediately. Thank you Green Load Company is a price-setter and uses cost plus pricing.
Please solve it quickly within 15 minutes and get two upvotes immediately. Thank you
Green Load Company is a price-setter and uses cost plus pricing. Times has just done an analysis of their revenues, costs, and average total assets, and has calculated its target cost plus price. Refer to the following information: Total fixed cost $ 1,400,000 variable cost per unit $ 12 per unit average total assets $ 10,000,000 Production volume 250,000 units Assume target ROI equals 10%, calculate the cost-plus price which will achieve the company's desired profit: Select one: O $10.6 O $9 O $10.16 O $5.6 O $21.6 O $21.16Step by Step Solution
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