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Product Cost Method of Product Costing Voice Com desires a profit equal to a 14% return on invested assets of $602,000. a. Determine the amount
Product Cost Method of Product Costing
Voice Com desires a profit equal to a 14% return on invested assets of $602,000. a. Determine the amount of desired profit from the production and sale of 4,800 cell phones. $ b. Determine the product cost per unit for the production of 4,800 cell phones. Round your answer to the nearest whole dollar. \$ per unit c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places. % d. Determine the selling price of cell phones. Round your answers to the nearest whole dollarStep by Step Solution
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