Conquest,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 average assets,and the desired profit is a 8% return on assets.Assume all products produced are sold.Additional data are as follows:

Using the cost-plus pricing approach,what should be the sales price per unit?

Question

Conquest,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 average assets,and the desired profit is a 8% return on assets.Assume all products produced are sold.Additional data are as follows:

Using the cost-plus pricing approach,what should be the sales price per unit?

Quizplus · Accepted Answer

A)
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