Crawford Companys plans for a new product require a target cost per unit of $50. It plans

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Crawford Company’s plans for a new product require a target cost per unit of $50. It plans to sell 20,000 units at $60 per unit. The average investment, including design and development, is $900,000.

Required:

1. Compute the expected margin for Crawford Company.

2. Compute the expected turnover for Crawford Company.

3. Compute the ROI for Crawford Company.

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Introduction to Managerial Accounting

ISBN: 978-1259105708

5th Canadian edition

Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan

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Question Posted: Oct 25, 2019 11:51 AM

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Crawford Companys plans for a new product require a target cost per unit of $50. It plans

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1 Sales 60 20000 1200000 Cost 50 20000 1000000 Net ...View the full answer

Introduction to Managerial Accounting

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