A company have the following data: Variable cost/unit Total fixed cost/year Number of units produced and consumed annually $400 O a. $700/unit O b. $460/unit O c. $860/unit O d. $805/unit $150,000 500 units Average investment capital Desired ROI What is the selling price calculated by marginal costing approach? $400,000 20%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A company have the following data:
Variable cost/unit
Total fixed cost/year
Number of units produced and consumed
annually
$400
O a. $700/unit
O b. $460/unit
O c. $860/unit
O d. $805/unit
$150,000
500 units
Average investment capital
Desired ROI
What is the selling price calculated by marginal costing approach?
$400,000
20%
Transcribed Image Text:A company have the following data: Variable cost/unit Total fixed cost/year Number of units produced and consumed annually $400 O a. $700/unit O b. $460/unit O c. $860/unit O d. $805/unit $150,000 500 units Average investment capital Desired ROI What is the selling price calculated by marginal costing approach? $400,000 20%
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