The Audino Division of Berg Company makes and sells only one product. Annual data on the Audino Division's single product follow: Unit selling price, ₱250 Unit variable cost, ₱200 Total fixed costs, ₱975,000 Average operating assets, ₱1,255,000 Minimum required rate of return, 15% If Audino sells 26,000 units per year, the return on investment (ROI) would be ________% Round-off final answer to 2 decimal places

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 21E
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The Audino Division of Berg Company makes and sells only one product.  Annual data on the Audino Division's single product follow:

  • Unit selling price, ₱250
  • Unit variable cost, ₱200
  • Total fixed costs, ₱975,000
  • Average operating assets, ₱1,255,000
  • Minimum required rate of return, 15%

If Audino sells 26,000 units per year, the return on investment (ROI) would be ________%

Round-off final answer to 2 decimal places 

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