Question: Question 4 of 15 < View Policies -/10 E Current Attempt in Progress Wildhorse Company has invested $3,660,000 in assets to produce 12,200 units

Question 4 of 15 < View Policies -/10 E Current Attempt in Progress Wildhorse Company has invested $3,660,000 in assets to produce 12,200 units of its finished product. Wildhorse's budget for the year is as follows: net income, $402,600; variable costs, $2,928,000; fixed costs, $427,000. Compute each of the following: (Round answers to 1 decimal place, e.g. 15.2%.) 1. Budgeted ROI 2. Markup percentage using the total cost approach % %

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