Question
The following data are available for the Eastern Division of Meyers Products, Inc. The company makes and sells a single product. Unit selling price of
The following data are available for the Eastern Division of Meyers Products, Inc. The company makes and sells a single product.
Unit selling price of product $40
Unit variable expense of product $24
Total fixed expenses $560,000
Average operating assets: $3,000,000
How many units must the division sell each year to have an ROI of 16%?
| A. | 240,000 | |
| B. | 1,300,000 | |
| C. | 52,000 | |
| D. | 65,000 |
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Auditing And Assurance Services
Authors: Timothy J Louwers, Robert J. Ramsay, David Sinason, Jerry R Strawser
1st Edition
0072954442, 9780072954449
