Baguio Corporation has these selected data: Units to be sold 25,000 Total Cost of the units P500 Fixed Capital investment 1,000,000 Variable capital on sales 20% What should be the unit selling price of its product to have a 20% return on investment?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please help me with show all calculation thanku 

Baguio Corporation has these selected
data:
Units to be sold 25,000
Total Cost of the units P500
Fixed Capital investment 1,000,000
Variable capital on sales 20%
What should be the unit selling price of its
product to have a 20% return on
investment?
Transcribed Image Text:Baguio Corporation has these selected data: Units to be sold 25,000 Total Cost of the units P500 Fixed Capital investment 1,000,000 Variable capital on sales 20% What should be the unit selling price of its product to have a 20% return on investment?
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