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Mac company has invested 3000000 in assets to produce 10000

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Reference no: EM13590284

MAC Company has invested $3,000,000 in assets to produce 10,000 units of its finished product. MAC's budget for the year is as follows: net income, $360,000; variable costs, $2,400,000; fixed costs, $300,000.

Instructions

Compute each of the following:

1. Budgeted ROI.

2. Markup percentage using a total cost approach.

Reference no: EM13590284

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