Invested assets = $27,048,000
Return on investment = 25%
Return on investment = 27,048,000 x 25%
= $6,762,000
Number of units = 483,000
Desired return on investment per unit = Return on investment / Number of units
= 6,762,000/483,000
= $14
Desired return on investment per unit | $14 |
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orted From Fir... Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem....
Imported From F... Current Attempt in Progress Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 483,000 units. Total Per Unit Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses $15 Fixed selling and administrative expenses $2,898,000 $1,449,000 The company has a desired ROI of 25%. It has invested assets of $27,048,000. Compute the total cost per unit....
Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 508,000 units. Per Unit Total Direct materials $ 7 Direct labor $11 Variable manufacturing overhead $17 Fixed manufacturing overhead $3,048,000 Variable selling and administrative expenses $16 Fixed selling and administrative expenses $1,524,000 The company has a desired ROI of 25%. It has invested assets of $30,480,000. 1.Compute the total cost per unit. 2. Compute the...
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