Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. decesare makes and sells sport utility vehicles, w

DeCesare makes and sells sport utility vehicles, WR200. In 2020, it reported the following: ...

60.1K

Verified Solution

Question

Accounting

DeCesare makes and sells sport utility vehicles, WR200. In 2020, it reported the following:
Units produced and sold 1,500
Investment $2675695
Markup percentage on full cost 9%
Rate of return on investment 18%
Variable cost per unit $1,450
Required: What was the selling price?
a. $1189.20
b. $3888.68
c. $3567.59
d. $485192.69
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

explain how polygenic inheritance differs from that resulting from the action of a single pair of...

Medical Sciences
Q

in power system operation and control there are three major subsystems are 1/Data acquisition 2/security monitoring 3/energy economy explain in...

Electrical Engineering
Q

You notice that there was an event on campus and that the left over food...

Biology
Q

2 A galvanometer has a resistance of 20 a current of 2 mA gives full...

Physics
Q

X 1 Topic Learning Unit 1 Discussion x Coc 44695 discussion topics

Basic Math
Q

Unctions domain and range Determine the domain of each of the following functions Enter your...

Calculus
Q

Consider the following y 7x In x 1 7 Find an equation of the tangent...

Calculus
Q

2. Reshma's monthly income is 22%more than Neelam's monthly income.If Neelam's monthly income is Rs.3500....

Algebra
Q

Green Valley Company prepared the following trial balance at the end of its first year...

Accounting
Q

On June 1, 2020, Krypton Industries [KI] purchased a call option for $ 2,400, giving...

Accounting
Q

7. Manipulating CAPM Use the basic equation for the capital asset pricing model (CAPM) to...

Finance
Q

2. Derek wants to withdraw $13,179.00 from his account 8.00 years from today and $13,955.00...

Finance