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Second: During the current year Greeve Corporation expects to produce 20,000 units and has budgeted the following: variable costs $800,000; and fixed costs $400,000. It
Second: During the current year Greeve Corporation expects to produce 20,000 units and has budgeted the following: variable costs $800,000; and fixed costs $400,000. It has invested assets of $1,600,000. The company's budgeted ROI was 25%. Required: 1. Calculate the desired ROI per unit 2. Calculate the total unit cost 3. Calculate the markup percentage 4. Calculate target selling price
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