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Riverbed Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Riverbed Corporation's anticipated annual volume of
Riverbed Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Riverbed Corporation's anticipated annual volume of 483,000 units.
Per Unit | Total | |||||
---|---|---|---|---|---|---|
Direct materials | $ 6 | |||||
Direct labor | $12 | |||||
Variable manufacturing overhead | $14 | |||||
Fixed manufacturing overhead | $2,898,000 | |||||
Variable selling and administrative expenses | $15 | |||||
Fixed selling and administrative expenses | $1,449,000 |
The company has a desired ROI of 25%. It has invested assets of $27,048,000.
Compute the total unit cost.
Total cost per unit | $enter the total cost per unit in dollars |
eTextbook and Media
Compute the desired ROI per unit.
Desired ROI per unit | $enter the desired return on investment per unit in dollars |
eTextbook and Media
Compute the markup percentage using total unit cost.
Markup percentage using total cost per unit | enter the markup percentage using total cost per unit | % |
eTextbook and Media
Compute the target selling price. (Round answer to 0 decimal places, e.g. 75.)
Target selling price | $enter the target selling price in dollars rounded to 0 decimal places |
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