The new CEO of Rusty Manufacturing has asked for information about the operations of the firm from last year. The CEO is given the following information, but with some data missing: Total sales revenue Number of units produced and sold Selling price Operating income Total investment in assets Variable cost per unit Fixed costs for the year 500,000 units $180,000 $2,250,000 $4.00 $2,500,000

Managerial Accounting: The Cornerstone of Business Decision-Making
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ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 21BEB
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Find (a) total sales revenue, (b) selling price, (c) rate of return on investment, and (d) markup percentage on full cost for this product.

The new CEO of Rusty Manufacturing has asked for
information about the operations of the firm from last year. The CEO is given the following information, but
with some data missing:
Total sales revenue
Number of units produced and sold
Selling price
Operating income
Total investment in assets
Variable cost per unit
Fixed costs for the year
500,000 units
$180,000
$2,250,000
$4.00
$2,500,000
Transcribed Image Text:The new CEO of Rusty Manufacturing has asked for information about the operations of the firm from last year. The CEO is given the following information, but with some data missing: Total sales revenue Number of units produced and sold Selling price Operating income Total investment in assets Variable cost per unit Fixed costs for the year 500,000 units $180,000 $2,250,000 $4.00 $2,500,000
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