Reference no: EM133172539
Question - Fatou, director of division A has all the autonomy to make decisions involving better management of costs and investments. The following data is for Division A operations for the year 2021:
Average cash balance: $800,000
Average net fixed asset balance: $10,800,000
Average balance of accumulated fixed asset amortization: $4,200,000
Average trade receivables balance: $2,000,000
Average deferred revenue balance: $500,000
Average raw material inventory balance: $750,000
Average finished goods inventory balance: $650,000
Average taxes payable balance: $100,000 Annual total fixed cost: $7,000,000 Unit variable cost: $60 Sales volume: 220,000 units Company promotes Fatou if she had achieved ROI by 12% in 2021. What should be the selling price per unit in 2021 to obtain the promotion?
a- $102.29
b- $100
c- $100.32
d- $100.27
e- No answer fits