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Schwenn Products, a bicycle manufacturet, uses normal volume as the basis for setting prices. That is, it sets prices on the basis of long-term volume
Schwenn Products, a bicycle manufacturet, uses normal volume as the basis for setting prices. That is, it sets prices on the basis of long-term volume predictions and then adjusts these prices only for large changes in pay rates or materials prices. You are given the following information: Required: 1. What sales price is needed to attain the 25% target ROI? 2. What ROL rates will be eamed at sales volumes of 2.000 and 1.000 units, respectively, using the sales price you determined in requirement 1? Complete this question by entering your answers in the tabs below. What Ror rate will be farned at sales volumes of 2,000 and 1,000 units, respectively, using the sales price you determined in requirement 1
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