Silco Pty Ltd manufactures various lines of computer equipment.They are planning to introduce a line of laptop computers in January 2008.Current plans call for the production and sale of 1000 computers with estimated production costs as follows.The average amount of capital invested in the laptop computer line is $900 000 and Silco's target return on investment for the line is 18 per cent.What price must Silco charge if the company uses cost-plus pricing based on full cost?
Definitions:
Mirror Neurons
Neurons that fire when an animal or person performs an action and also when an animal or person observes that same action being performed by another.
Facial Expressions
Visible changes in the face that communicate emotional states or reactions.
Somatosensory Cortex
Area of cortex at the front of the parietal lobes responsible for processing information from the skin and internal body receptors for touch, temperature, and body position.
Parietal Lobe
The parietal lobe is a region of the brain associated with processing sensory information regarding the location of parts of the body as well as interpreting visual information and processing language and mathematics.
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