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2) Paper Tiger Stationary Company is a price-taker and uses target pricing. Refer to the following information: Production volume 602,000 units per year $30
2) Paper Tiger Stationary Company is a price-taker and uses target pricing. Refer to the following information: Production volume 602,000 units per year $30 per unit Market price Desired operating income 15% of total assets $1,800,000 Total assets What is the target full product cost per year? Assume all units produced are sold. A) $18,060,000 B) $17,790,000 C) $27,000,000 D) $9,632,000
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