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The following data are available for the South Division of Redride Products, Inc. and the single product it makes: Unit selling price $47 Variable cost
The following data are available for the South Division of Redride Products, Inc. and the single product it makes:
Unit selling price | $47 |
Variable cost per unit | $18.00 |
Annual fixed costs | $313,600 |
Average operating assets | $2,700,000 |
How many units must South sell each year to have an ROI of 19.00%?
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