Target ROI is 17% Invested Capital is $513,941 Full Cost per unit $1,570 Expected sales volume is 933 units. If the company prices each unit to earn the target ROI, what amount of profit would be added to the cost of each unit? Round your answer to the nearest whole dollar . Don't use dollar signs or commas when entering your answer.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Target ROI is 17%
Invested Capital is $513,941
Full Cost per unit $1,570
Expected sales volume is 933 units.
If the company prices each unit to earn the target ROI, what amount of profit would be added
to the cost of each unit?
Round your answer to the nearest whole dollar . Don't use dollar signs or commas when
entering your answer.
Transcribed Image Text:Target ROI is 17% Invested Capital is $513,941 Full Cost per unit $1,570 Expected sales volume is 933 units. If the company prices each unit to earn the target ROI, what amount of profit would be added to the cost of each unit? Round your answer to the nearest whole dollar . Don't use dollar signs or commas when entering your answer.
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