The axle division of the laBate company manufactures and sells only one product, the annual data on
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The axle division of the laBate company manufactures and sells only one product, the annual data on the axle division's single product is as follows:
Selling price: $50 per unit
CV $30,
TFC $200,000,
Average operating assets $750 000,
Minimum required rate of return 12%,
Suppose the manager wants an annual residual income of 45,000, to achieve this, the axis must sell how many units per year?
Related Book For
Managerial Accounting
ISBN: 978-0077522940
15th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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