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Fine Arts Inc

Question 42

Multiple Choice

Fine Arts Inc.produces a special kind of light weight,recreational vehicle that has a unique design.It allows the company to follow a cost-plus pricing strategy.It has $9,000,000 of assets and shareholders expect a 10% return on assets.Additional data are as follows: Fine Arts Inc.produces a special kind of light weight,recreational vehicle that has a unique design.It allows the company to follow a cost-plus pricing strategy.It has $9,000,000 of assets and shareholders expect a 10% return on assets.Additional data are as follows: Using the cost-plus pricing approach,what should be the price per unit? A) $3,100 B) $2,875 C) $2,225 D) $3,015 Using the cost-plus pricing approach,what should be the price per unit?


A) $3,100
B) $2,875
C) $2,225
D) $3,015

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