5) Which of the following provides a key in analyzing short-term business decisions? A) focus B) focus on qualitative data only and ignore future cash flows C) focus on sunk costs and quantitative data D) focus on relevant costs and use the contribution margin approach on costs that do not change under two alternatives and on historic costs 6) Rica Company is a price-taker and uses a target-pricing Production volume 60000units per year Market price unit Desired operating income Total assets 16 of total assets What is the desired profit for the year? A) $96,000 B) $19,200,000 C) $5,500,000 D) $2,192,000 7) Revolve Company is a price-faker and uses a target-pricing approach. Refer to the following information: roduction volume 602.000units per year arket price $30per unit 16%of total assets Desired operating income Total assets $13,700,0 What is the target full product cost in total for the year? Assume all units produced are sold. A) 596,320 B) $15,868,000 C) $13,700,000 D) $2,192,000 8) Donnelley Products sells 2,000 kayaks per year at a sales price of $460 per unit. Donnelley sells in a highly competitive market and uses target pricing. The company has $1,000,000 of assets, and the shareholders wish to make a profit of 17% on assets. Variable cost is $200 per unit and cannot be reduced. Assume all products produced are sold. What are the target fixed costs? A) $920,000 B) $750,000 C) $170,000 D) $350,000