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8. Idea Inc. have been on a steady decline for the last 12 months. A market research study conducted revealed that the product of Idea

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8. Idea Inc. have been on a steady decline for the last 12 months. A market research study conducted revealed that the product of Idea Inc. can be sold only for $440 as opposed to the current market price charged of $540 per unit. Idea Inc. has decided to revise its sales price to $440. The annual sales target volume of the product after price revision is 260 units. Idea Inc. wants to earn 30% on its sa amount. 8.1 What are the target sales revenues? A) $148,720 (B) $114,400 440X 260 C) $80,080 D) $42,120 8.2 What is the target operating income? A) $82,320 B) $35,280 C) $34,320 D) $152,880 8.3 What is the total target cost? A) $140,000 B) $60,000 $80,080 D) $40,000 8.4 What is the target cost per unit? A) $625.00 B) $336.00 $308.00 D) $145.00 es fishing poles that have a price of $125.00. It 1 Phu Quoc Inc. manufactures fishing poles that have a price of atroducing a new fishing pole that will sell for $1 of $90. A competitor is introducing a new fishing pole that must lower the price to $115.00 to compete in the Management believes it must lower the price to $115.00 ious fishing pole market. Marketing department believes that th

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