Resolution, Inc produces high quality blenders. The costs to produce 10,000 blenders are: Variable costs: $240 per unit Fixed costs: $490,000 Resolution has invested $1,200,000 and requires a 30% return on investment. What will the selling price have to be to achieve their required ROI? 

a) $240 

b) $ 49 

c) $ 36 

d) $325 

e) $ 85 

f) None of the above

Answer rating: 100% (QA)

To calculate the selling price required to achieve the 30 return on inve... View the full answer