A Company Using Cost-Plus Pricing Has an ROI of 24

question 33

Multiple Choice

A company using cost-plus pricing has an ROI of 24%, total sales of 20,000 units and a desired ROI per unit of $30. What was the amount of investment?

• A) $144,000
• B) $2,500,000
• C) $456,000
• D) $789,475

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Definitions:

Marginal Resource Cost

The additional cost incurred by acquiring one more unit of a resource, such as labor or raw materials.

Labor Demand Data

Information that reflects the quantity of labor that employers are willing to hire at various wage rates.

Labor Supply Data

Information or statistics that represent the total number of hours that workers are willing and able to work at different wage rates in a given time period.

Labor Demand Data

Information regarding the quantity of labor that employers are willing to hire at different wage rates.