Use this information for Dotterel Corporation to answer the questions that follow.
?
Dotterel Corporation uses the variable cost concept of product pricing. Below is the cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to an 11.2% rate of return on invested assets of $350,000.
??

-The dollar amount of the desired profit from the production and sale of the company's product is
A) $89,600
B) $39,200
C) $70,000
D) $84,000

Question

Use this information for Dotterel Corporation to answer the questions that follow.
?
Dotterel Corporation uses the variable cost concept of product pricing. Below is the cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to an 11.2% rate of return on invested assets of $350,000.
??
  
-The dollar amount of the desired profit from the production and sale of the company's product is
A) $89,600 
B) $39,200 
C) $70,000 
D) $84,000

Quizplus · Accepted Answer

The Answer of Use this information for Dotterel Corporation to answer the questions that follow.
?
Dotterel Corporation uses the variable cost concept of product pricing. Below is the cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to an 11.2% rate of return on invested assets of $350,000.
??
  
-The dollar amount of the desired profit from the production and sale of the company's product is
A) $89,600 
B) $39,200 
C) $70,000 
D) $84,000

Use This Information for Dotterel Corporation to Answer the Questions