question archive Simmons Company estimated that the following costs and activity would be associated with Product T: Number of units sold annually 80,000 Required investment $900,000 Unit product cost $35 Total annual selling, general, and administrative expenses $600,000 If the company uses the absorption approach to cost-plus pricing and desires a 20% ROI, the target selling price for Product T would be:
Simmons Company estimated that the following costs and activity would be associated with Product T: Number of units sold annually 80,000 Required investment $900,000 Unit product cost $35 Total annual selling, general, and administrative expenses $600,000 If the company uses the absorption approach to cost-plus pricing and desires a 20% ROI, the target selling price for Product T would be:
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Simmons Company estimated that the following costs and activity would be associated with Product T: Number of units sold annually 80,000 Required investment $900,000 Unit product cost $35 Total annual selling, general, and administrative expenses $600,000 If the company uses the absorption approach to cost-plus pricing and desires a 20% ROI, the target selling price for Product T would be:
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