Question
The following data are available for the South Division of Redride Products, Inc. and the single product it makes: Unit selling price $22 Variable cost
The following data are available for the South Division of Redride Products, Inc. and the single product it makes:
| Unit selling price | $22 |
| Variable cost per unit | $12.50 |
| Annual fixed costs | $282,800 |
| Average operating assets | $1,600,000 |
How many units must South sell each year to have an ROI of 16.25%?
15,733
260,000
24,673
57,137
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Auditing Theory And Practice
Authors: Roger H. Hermanson
1st Edition
0256023301, 978-0256023305
