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Compute the budgeted roi

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Question - Blossom Company has invested $3,060,000 in assets to produce 10,200 units of its finished product. Blossom's budget for the year is as follows: net income, $336,600; variable costs, $2,448,000; fixed costs, $357,000.

Required - Compute each of the following:

1. Compute the Budgeted ROI?

2. Compute the markup percentage using the total cost approach?

Reference no: EM133080664

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