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1 multiple choice have 10 mins left on a quiz, please help Cassa Company is a price-taker and uses target pricing. Refer to the following
1 multiple choice have 10 mins left on a quiz, please help
Cassa Company is a price-taker and uses target pricing. Refer to the following information:Production volume | 601,000 | units per year |
Market price | $32 | per unit |
Desired operating income | 16% | of total assets |
Total assets | $13,900,000 | |
Variable cost per unit | $20 | per unit |
Fixed cost per year | $5,400,000 | per year |
$12,020,000 |
$11,608,000 |
$5,400,000 |
$17,008,000 |
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