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Compute the company selling price

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Reference no: EM133031162

Problem - Hershey, Inc. sells a single product. The following information relates to the year just ended:

Number of units sold: 40,000

Variable cost per unit: $200

Total fixed cost: $2,400,000

Invested capital 12,000,000

ROI 30%

Required -

A. Compute the company's selling price.

B. Compute the percentage mark-up on total cost. Round your answer to two decimal places.

C. Assume that Hershey desired to change its practice of computing a mark-up on total cost to a mark-up on variable cost. If the company wants to hold selling price constant, would the mark-up percentage increase or decrease? By how much? and why?

Reference no: EM133031162

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