Swagelok enterprises is a manufacturer of miniature fittings and valves. over a 5-year period, the costs associated with one product line were as follows: first cost of $30,000 and annual costs of $18,000. annual revenue was $27,000, and the used equipment was salvaged for $4,000. what rate of return did the company make on this product?

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?