Multiple Choice
Use this information for Dotterel Corporation to answer the questions that follow.
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Dotterel Corporation uses the variable cost concept of product pricing. Below is the cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to an 11.2% rate of return on invested assets of $350,000.
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-The unit selling price for the company's product is
A) $16.32
B) $13.44
C) $12.10
D) $13.72
Correct Answer:
Verified
Correct Answer:
Verified
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