Question: Current Attempt in Progress During the current year, Ivanhoe Corporation expects to produce 10,000 units and has budgeted the following: net income $360,000; variable

Current Attempt in Progress During the current year, Ivanhoe Corporation expects to produce 10,000 units and has budgeted the following: net income $360,000; variable costs $1,100,000; and fixed costs $100,000. It has invested assets of $1,700,000. What was the company's budgeted ROI? What was its budgeted markup percentage using a total cost approach? Budgeted ROI per unit Budgeted markup percentage LA %

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