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Wilson Industries makes tennis balls. Wilson's only plant can produce up to 2.6 million cans of balls per year. Current production is two million
Wilson Industries makes tennis balls. Wilson's only plant can produce up to 2.6 million cans of balls per year. Current production is two million cans. Annual manufacturing, selling, and administrative fixed costs total $800,000. The variable cost of making and selling each can of balls is $3. Stockholders expect a 16% annual return on the company's $2 million of assets. Read the requirements. Requirement 1. What is Wilson Industries' current total cost of making and selling two million cans of tennis balls? What is the current cost per unit of each can of tennis balls? (Enter the current cost per can to the nearest cent.) Plus: Current total costs Divided by: Current cost per can
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