64. Johnson Marine has the following costs and expected sales for the coming year. Johnson is...

 

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64. Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price of its product. Variable Manufacturing Variable Selling and Administrative Plant-level Fixed Overhead Fixed Selling and Administrative Batch-level Fixed Overhead Total Investment in Product Line Expected Sales (units) Total Costs $2,350,000 750,000 1,200,000 600,000 200,000 10,000,000 20,000 If Johnson determines price so as to receive a desired return on assets of 15%, the price is: 64. Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price of its product. Variable Manufacturing Variable Selling and Administrative Plant-level Fixed Overhead Fixed Selling and Administrative Batch-level Fixed Overhead Total Investment in Product Line Expected Sales (units) Total Costs $2,350,000 750,000 1,200,000 600,000 200,000 10,000,000 20,000 If Johnson determines price so as to receive a desired return on assets of 15%, the price is: