Budgeted data for the baseball manufacturing division of Heifitz Co. for the year are: Total assets $1,000,000 200,000 baseballs 30 percent Production and sales Target ROI Fixed costs $400,000 Variable costs $4 per baseball Compute the selling price necessary to achieve the target ROI: $ per baseball

Budgeted data for the baseball manufacturing division of Heifitz Co. for the year are: Total assets $1,000,000 200,000 baseballs 30 percent Production and sales Target ROI Fixed costs $400,000 Variable costs $4 per baseball Compute the selling price necessary to achieve the target ROI: $ per baseball

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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