Recent Posts • Latest Topics • Unanswered Questions

Murray Products sells 2,100 kayaks per year at a price of $450 per unit. Murray sells in a highly ...

Deprecated

wrote...

Go to Answer

Posts: 2784

Rep:

7 years ago

Murray Products sells 2,100 kayaks per year at a price of $450 per unit. Murray sells in a highly ...

Murray Products sells 2,100 kayaks per year at a price of $450 per unit. Murray sells in a highly competitive market and uses target pricing. The company has $990,000 of assets and the shareholders wish to make a profit of 17% on assets. Fixed costs are $450,000 per year and cannot be reduced. Assume all products produced are sold. What are the target variable costs?
A) $990,000
B) $326,700
C) $776,700
D) $132,040

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

Read 398 times

4 Replies

Report

Replies

Answer verified by a subject expert

Tanks

wrote...

Related Topics

Deprecated Author

wrote...

7 years ago

This was certainly a tough question, loving the expertise

Report

sandrayon1

wrote...

4 years ago

Thanks for the help

Report

Mike E.

wrote...

3 years ago

Thanks

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

975 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

521

366

1689

Your Opinion

Previous poll results: Which 'study break' activity do you find most distracting?

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

Strange Ingredients Lurking in Doritos Chips

It's sore throat season, why does my mucus have red spots?

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.