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 total variable cost?
Definitions:
Sales Increase
A rise in the number of products sold or the amount of revenue generated from the sale of products or services.
Achieved
Describes having successfully reached a goal or objective through effort, skill, or courage.
Siblings
Brothers or sisters, including those by blood, adoption, or marriage, who share at least one common parent.
Oldest
Referring to something or someone with the greatest age in a group or category.
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