Sanborn, a manufacturer of electric roof vents, realizes a cost of $55 for every unit it produces.

Sanborn, a manufacturer of electric roof vents, realizes a cost of $55 for every unit it produces.

Its total fixed costs equal $2 million. If the company
manufactures 500,000 units, compute the following:

a. unit cost

b. markup price if the company desires a 10 percent return on sales

c. ROI price if the company desires a 25 percent return on an investment of $1 million

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