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Compute the selling price

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Reference no: EM132917227

Problem - You are given the following information by the Beth Co. Budgeted production and sales for the year, 500,000 units of the company's only product. Budgeted costs and expenses in production P3,208,000. Fixed capital in terms of plant, machinery and equipment amounts to P8,800,000. Current asset requirements are estimated to be 40% of sales. Compute the selling price that will yield a 20% on capital employed.

Reference no: EM132917227

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