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QUESTION 13 Conquest, Inc. produces a special kind of light-weight, recreational vehicle that has a unique design. It allows the company to follow a cost-plus
QUESTION 13 Conquest, Inc. produces a special kind of light-weight, recreational vehicle that has a unique design. It allows the company to follow a cost-plus pricing strategy. Conquest has $9,000,000 of average assets, and the desired profit is a 8% return on assets. Assume all products produced are sold. Additional data are as follows: 1000 Sales volume Variable costs units per year per unit $1,000 $4.000.000 Fixed costs per year Using the cost-plus pricing approach, what should be the sales price per unit? A.$5,720 B. $9,000 C. $1,080 D.None of the above
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