The new CEO of Radco Manufacturing has asked for a variety of information about

The new CEO of Radco Manufacturing has asked for a variety of information about the operations of the firm from last year. The CEO is given the following information but with some data missing:Total sales revenueNumber of units produced and soldSelling priceOperating incomeTotal investment in assetsVariable cost per unitFixed costs for the year?500000 units?$195000$2000000$3.75$3000000Requirements:a. Find (i) total sales revenue (ii) selling price (ii) rate of return on investment and (iv) markup percentage on full cost for this produce.b. The new CEO has a plan to reduce fixed costs by $200000 and variable costs by $0.60 per unit while continuing to produce and sell 500000 units. Using the same markup percentage as in Requirement a calculate the new selling price.