DeCesare makes and sells sport utility vehicles, WR200. In 2020, it reported the following: ...

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Accounting

DeCesare makes and sells sport utility vehicles, WR200. In 2020, it reported the following:
Units produced and sold 1,500
Investment $2675695
Markup percentage on full cost 9%
Rate of return on investment 18%
Variable cost per unit $1,450
Required: What was the selling price?
a. $1189.20
b. $3888.68
c. $3567.59
d. $485192.69
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