question 9

Question 9 (3 points) Fitz, Inc. produces a special kind of light-weight, computer tablet that has a unique design. It allows the company to follow a cost-plus pricing strategy. It 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: Sales volume 1,000 units per year Variable costs $1,000 per unit Fixed costs $4,000,000 per year Using the cost-plus pricing approach, what should be the sales price per unit? $1080 $5720 O $9000 $1000