Questions:
1. Carter Company's selling price of $595 for its product A is 26% higher than its current cost. What is the product's cost?
2. DHC Company's cost of $642 for its product A is 24% lower than its current selling price. What should be the product's cost if it expects a return of 29% on sales?
3. Saba Printing had average revenue of $147,000 per month. Variable costs are 64% of revenue and fixed costs amount to 48% of variable costs. The company had an investment of $980,000. Company's return on investment amounts to?
4. ABC Company's selling price of $490 for its product A is 22% higher than its current cost. What is the product's cost?
5. ABC Company's cost of $480 for its product A is 20% lower than its current selling price. What should be the product's cost if it expects a return of 32% on sales?
6. NBC Company's current selling price is $270 per unit on sales of 500 units per year. What should be the targeted cost if you expect a return of 15% on an investment of $400,000?
7. Saba Printing had average revenue of $108,000 per month. Variable costs are 62% of revenue and fixed costs amount to 52% of variable costs. The company had an investment of $920,000. Company's return on investment amounts to
8. Saba Company anticipates selling 600 units of the software it has developed that has a sales price per unit of $320. If the company wants a return of 18% of its investment of $620,000, what should be the target cost?
9. Arman Company has a product that cost $900, if it wants a return of 30% on sales, the selling price should be