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Blond Co. is using the target cost approach on a new product. Information gathered so far ...
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Blond Co. is using the target cost approach on a new product. Information gathered so far ...
Blond Co. is using the target cost approach on a new product. Information gathered so far reveals:
Expected annual sales
400,000 units
Desired profit per unit
$0.35
Target cost
$168,000
What is the target selling price per unit?
▸ $0.42
▸ $0.70
▸ $0.77
▸ $0.35
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
Read 22 times
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$0.77
($168,000 ÷ 400,000) + $0.35 = $0.77
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js56154
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This helped my grade so much
karamsidhu1
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I appreciate what you did here, answered it right
DAGINC
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Helped a lot
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