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7) Launch Company sells 2500 paddleboards per year at a sales price of 5470 per unit. Launch sells in a highly competitive market and uses

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7) Launch Company sells 2500 paddleboards per year at a sales price of 5470 per unit. Launch sells in a highly competitive market and uses target pricing. The company has $800,000 of assets, and the shareholders wish to make a profit of 16 % on assets. Variable cost is $190 per unit and cannot be reduced. Assume all products produced are sold. What are the target fixed costs? B) $128,000 D) $1,047,000 A) $1,175,000 5572,000 8) Conquest, Inc. produces a special kind of light-weight, recreational vehicle that has a unique design. It allows the company to follow a cost-plus pricing strategy. It has $9,000,000 of average assets, and the desired profit is a 10% return on assets Assume all products produaced are sold. Additional data are as follows Sales volume Variable costs Fixed costs 3000 units per year $1000 per unit $3,500,000 per year Using the cost-plus pricing appeoach what should be the sales price per unit? B) $1100 $11,000 A) $5400 D) $1000 9) Which of the following is a major consideration when analyzing a special pricing decision? A) The profit margin ratio of the special sale must be higher than the regular sales B) The sales price must be high enough to cover any differential costs to fill the order. 9The sunk costs of the decission must not exceed the irselevant costs D) The company must have a good stock turnover ratio 10) Marionette Company manufactures dolls that are sold to various distributors. The company produces at full capacity for six months each year to meet peak demand the manufacturing facility operates at 70% of capacity for the other six months of the year. The company has provided the following data for the year No. of units produced and sold Sales price Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative costs Fixed selling and administrative costs 600,000units $40 per unit $20 per unit $800,00per year $per unit $600,000per year Marionette receives an offer to produce 5000 dols for a special event. This is a one-time opportunity during a period when the company has excess capacity. What is the minimum sales price the company should accept for the order? A) $25 B) $40 D) $20

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