Total cost per unit 138 The desired ROl per 41.4 Target selling price is 179.4 Assume the new product requires an investment of $20,000,000 to be manufactured, and the company wants to achieve ROl of 10%. Compute the NEW mark-up percentage; and the NEW Target Selling Price (Use same total cost as above) 400,000 units are expected to be sold

Answer rating: 100% (QA)

To compute the new markup percentage and the new target selling price well first calculate the desir... View the full answer