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Resolution, Inc produces high quality blenders. The costs to produce 10,000 blenders are: Variable costs: $240 per unit Fixed costs: $490,000 Resolution has invested $1,200,000
Resolution, Inc produces high quality blenders. The costs to produce 10,000 blenders are: Variable costs: $240 per unit Fixed costs: $490,000
Resolution has invested $1,200,000 and requires a 30% return on investment. What will the selling price have to be to achieve their required ROI?
Group of answer choices
a) $240
b) $49
c) $36
d) $325
e) $85
f) None of the above
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