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During the current year, Pharoah Corporation expects to produce 10,000 units and has budgeted the...

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Accounting

During the current year, Pharoah Corporation expects to produce 10,000 units and has budgeted the following: net income $350,000; variable costs $1,280,000; and fixed costs $120,000. It has invested assets of $2,110,000. What was the company's budgeted ROI? What was its budgeted markup percentage using a total cost approach?
Budgeted ROI per unit
$
Budgeted markup percentage
%
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