2 of 5 (0 complete) Ercial plant nursery where it propagates plants for garden centers throughout the region. Green Place and the variable costs for the potting soil, container, label, seedling, and labor for each gallon-size pla its. Competitors offer the same plants at the same quality, to garden centers for $3.50 each. Garden ce ending on the type of plant. Requirements 1. Green Place's owners want to earn a 10% return on investment on the company's assets. What is Green Place's target full product cost? 2. Given Green Place's current costs will its owners be able to achieve their target profit? 3. Assume Green Place has identified ways to cut its variable costs to $1. 10 per unit. What is its new target fixed cost? Will this decrease in variable costs allow the company to achieve its target profit? 4. Green Place started an aggressive advertising campaign strategy to differentiate its plants from those grown by other nurseries. Green Place does not expect volume to be affected, but it hopes to gain more control over pricing. If Green Place has to spend 5115.000 this year to advertise and its variable costs continue to be $1 10 per unit, what will its cost-plus price be? Do you think Green Place will be able to sell its plants to garden centers at the cost-plus price? Why or why not? Print Done stor enter any number in the input fields and then click Check Answer Clear All Check VIOTEK Kylie Resner 1 07/01/20 12:23 PM Homework: Week Seven : Chapter 10: Problems Save -core: 0 of 1 pt 2 of 5 (0 complete) HW Score: 0%, 0 of 5 pts 225-22A (similar to) Question Help Green Place operates a commercial plant nursery where it propagates plants for garden centers throughout the region, Green Place has $5,000,000 in assets. Its yearly loved costs are $600,000 and the variable costs for the potting soil container, label, seedling, and labor for each gallon-size plant total $1.25. Green Place's volume is currently 450.000 units. Competitors offer the same plants at the same quality, to garden centers for $3.50 each Garden centers then mark them up to sell to the public for $9 to 512, depending on the type of plant Read the requirements Requirement 1. Green Place's owners want to earn a 10% return on investment on the company's assets What is Green Place's target full product cost? SA Less Target full product cost at to se (ACCE Choose from any or enter any number in the input fields and then click Check Answer parts remaining Clear All Check AS