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Read the requirements Requirement 1. Green Gardener's owners want to earn a 10% return on investment on the company's assets. What is Green Gardener's target
Read the requirements Requirement 1. Green Gardener's owners want to earn a 10% return on investment on the company's assets. What is Green Gardener's target full product cost? Requirement 2. Given Green Gardener's current costs, will its owners be able to achieve their target profit? Green Gardener's current full product costs are higher than its target full product cost, therefore Green Gardener will not be able to acheive its target profit. Begin by calculating Green Gardener's new target fixed cost. Will this decrease in variable costs allow the company to achieve its target profit? price be? Do you think Green Gardener will be able to sell its plants to garden centers at the cost-plus price? Why or why not? Begin by calculating the cost-plus price per unit. (Round your answer to the nearest cent.)
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