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Wildhorse Corporation produces industrial robots for high-precision manufacturing. The following information is given for Wildhorse Corporation: Per Unit Total $400 300 80 Direct materials Direct
Wildhorse Corporation produces industrial robots for high-precision manufacturing. The following information is given for Wildhorse Corporation: Per Unit Total $400 300 80 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $2,108,000 30 340,000 The company has a desired ROI of 20%. It has invested assets of $51,340,000. It expects to produce 3,400 units each year. Your answer is incorrect. Calculate the markup percentage and target selling price using variable-cost pricing. (Round markup percentage to 3 decimal places, eg. 15.250% and target selling price to O decimal places, e.g. 5,250.) Markup percentage 372.840 % Target selling price $ 3830
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