DeCesare makes and sells sport utility vehicles, WR200. In 2020, it reported the following: Units produced and sold 1,500 Investment $2798283 Markup percentage on full cost 9% Rate of return on investment 18% Variable cost per unit $1,450 Required: What was the full cost per unit? Cavion Te am a. $12198.01 Ob. $17882.00 Oc. $1865.52 Od. $3731.04

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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DeCesare makes and sells sport utility vehicles, WR200. In 2020, it reported the following:
Units produced and sold 1,500
Investment $2798283
Markup percentage on full cost 9%
Rate of return on investment 18%
Variable cost per unit $1,450
Required: What was the full cost per unit?
a. $12198.01
b. $17882.00
c. $1865.52
Od. $3731.04
e am
Transcribed Image Text:DeCesare makes and sells sport utility vehicles, WR200. In 2020, it reported the following: Units produced and sold 1,500 Investment $2798283 Markup percentage on full cost 9% Rate of return on investment 18% Variable cost per unit $1,450 Required: What was the full cost per unit? a. $12198.01 b. $17882.00 c. $1865.52 Od. $3731.04 e am
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