Variable Fixed 140,000 107,500 Selling and administrative: Variable Fixed 60,000 Total costs 80,000 Pershing has a target profit of $150,000. $705,000 If total invested capital is $1,000,000, what is...

Extracted text: Variable Fixed 140,000 107,500 Selling and administrative: Variable Fixed 60,000 Total costs 80,000 Pershing has a target profit of $150,000. $705,000 If total invested capital is $1,000,000, what is the company's target rate of return on investment? O A. 20 % O B. 25 % O C. 35 % O D. 30 % O E. 15 % Click to select your answer.


Extracted text: Pershing Company budgeted the following costs for the production of its one and only product, blades, for the next fiscal year: Direct materials $187,500 130,000 Direct labour Factory overhead; Variable 140,000 Fixed 107,500 Selling and administrative: Variable 60,000 80,000 $705,000 Fixed Total costs Pershing has a target profit of $150,000.