Question: Fixed overhead $ 1 1 7,9 00 Variable selling and administrative expenses all $0.10 washes Fixed selling and administrative expenses $ 1 3 0 ,0

Fixed overhead $ 1 1 7,9 00 Variable selling and administrative expenses all $0.10 washes Fixed selling and administrative expenses $ 1 3 0 ,0 50 The total estimated number of washes of any type is 45,000. Dave has invested assets of $393,750. He would like a return on investment (ROI) of 20%. Answer each of the following questions . (b) Dave estimates that of the total 45,000 washes, 19,000 will be Basic, 19,000 will be Deluxe, and 7,000 will be Premium . Calculate the selling price, using costplus pricing, that Dave should use for each type of wash to achieve his desired ROI of 20%. (Round answers to 2 decimal places, e.g. 52.75.) Basic Wash Deluxe Wash Premium Wash Selling price $ $ $ :: Solution :: tep Ib-.I

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