Compute the markup required to achieve the desired ROL Round
Compute the markup required to achieve the desired ROL (Round your Required ROianwers to the nearest
Solution
1.
Working:
2.
| Required ROI | 20% |
| Investment | 450000 |
| Selling and administration expenses | 52000 |
| Total Production Cost | 387500 |
| Unit product cost | $25.00 |
| Unit Sales | 15500 |
| Total Sales | 529500 |
| Markup percentage | 40% |
