Target ROI is 20% Invested Capital is $518,556 Full Cost per unit $1,024 Expected sales volume is 929 units. If the company prices each unit to earn the target ROI, what is the price per unit? Round your answer to the nearest whole dollar. Don't use dollar signs or commas when entering your answer.

Target ROI is 20% Invested Capital is $518,556 Full Cost per unit $1,024 Expected sales volume is 929 units. If the company prices each unit to earn the target ROI, what is the price per unit? Round your answer to the nearest whole dollar. Don't use dollar signs or commas when entering your answer.

Name: Target ROI is 20%Invested Capital is $518,556Full Cost per unit $1,02
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Description: Target ROI is 20%Invested Capital is $518,556Full Cost per unit $1,024Expected sales volume is 929 units.If the company prices each unit to earn the target ROI, what is the price per unit?Roundyour answer to the nearest whole dollar. Don't use dolla

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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