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Crane Company has a new product going on the market next year. The following data are projections for production and sales: Variable costs $125000 Fixed costs $450000 14% $1000000 100000 units ROI Investment Sales What would the markup percentage be if only 60000 units were sold and Brislin still wanted to earn the desired ROI? O27% O 16.00 % O 40.58% O 57.50%

Crane Company has a new product going on the market next year. The following data are projections for production and sales: Variable costs $125000 Fixed costs $450000 14% $1000000 100000 units ROI Investment Sales What would the markup percentage be if only 60000 units were sold and Brislin still wanted to earn the desired ROI? O27% O 16.00 % O 40.58% O 57.50%

FINANCIAL ACCOUNTING
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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22.

Subject:- Accounting 

 

Crane Company has a new product going on the market next year. The following data are projections for production and sales: Variable costs $125000 Fixed costs $450000 14% ROI Investment Sales $1000000 100000 units What would the markup percentage be if only 60000 units were sold and Brislin still wanted to earn the desired ROI? O27% O 16.00% O 40.58% O 57.50%
Transcribed Image Text:Crane Company has a new product going on the market next year. The following data are projections for production and sales: Variable costs $125000 Fixed costs $450000 14% ROI Investment Sales $1000000 100000 units What would the markup percentage be if only 60000 units were sold and Brislin still wanted to earn the desired ROI? O27% O 16.00% O 40.58% O 57.50%
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