Salvador Ibarra belongs to Local 980 of the Welders Union, which has its own credit union. He transferred $1,400 from his checking account into his credit union savings account and left it there for a year. The
account earns 5 percent interest and is compounded quarterly.

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?