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The following information is 4. Rita Corporation produces commercial fertilizer spreaders. anticipated annual volume of 400,000 units. available for Rita's Total Per Unit S42 54
The following information is 4. Rita Corporation produces commercial fertilizer spreaders. anticipated annual volume of 400,000 units. available for Rita's Total Per Unit S42 54 72 Direct materials Direct labor Variable manufacturing overhcad Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $12,000,000 84 7,200,000 The company has a desired ROI of 25%. It has invested assets of $144,000,000. Instructions Compute cach of the following: 1. Total cost per unit. 2. Desired ROI per unit. Markup percentage using total cost per unit 4. Target selling price
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