A New Product Requires an Investment of $200,000 in Machinery

question 5

Multiple Choice

A new product requires an investment of $200,000 in machinery and working capital. The total sales volume over the product's life will be 5,000 units. The forecast costs per unit throughout the product's life are as follows: 11ec37eb_8bae_7122_97b9_9563b4522be1__00 The product is required to earn a return on investment of 35%. What unit selling price needs to be achieved?

• A) $54.00
• B) $50.77
• C) $47.00
• D) $44.55

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Definitions:

Tower Of Hanoi

A mathematical puzzle consisting of three rods and a number of disks of different sizes which need to be moved from one rod to another under specific rules.

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Units of time representing a period of approximately 365 days or 12 months, used to measure duration or age.

Third Fibonacci Number

The third Fibonacci number is 2, part of the sequence where each number is the sum of the two preceding ones, starting from 0 and 1.

Sequential Search

A searching algorithm that iterates through each element in a list until the target value is found or the list is fully traversed.