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The following data pertains to AAA division of JJJ Company. Selling price per unit $X Variable cost per unit$10 Total fixed costs$100,000 Total investment of
The following data pertains to AAA division of JJJ Company.
Selling price per unit $X Variable cost per unit$10 Total fixed costs$100,000 Total investment of AAA division $200,000
Given:
a) the minimum desired return on investment equals to20%
b) the estimated sales in unit is 50,000What price should the company charge?
1.between $18.5 and $20.5
2.between $10.5 and $13.5
3.between $9.5 and $10.5
4.between $7 and $8
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