Ahmet company wants to use cost based pricing for its only product, a unique video game. The

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Ahmet company wants to use cost based pricing for its only product, a unique video game. The company expects to

sell $10, 000$ units in the upcoming year. Variable costs will be $ $65$ per unit and annual fixed operating costs amount to

$ $80, 000 .$ The company's balance sheet is as follows:

If the company wants to earn a $20 %$ return on equity, at what price should it sell the new product? Calculate.

Related Book For answer-question

Managerial Accounting

ISBN: 978-1259307416

16th edition

Authors: Ray Garrison, Eric Noreen, Peter Brewer

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Posted Date: Jan 22, 2024 07:24 AM

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Ahmet company wants to use cost based pricing for its only product, a unique video game. The

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Managerial Accounting

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