Question
A market research specialist told Peachtree Company that it could expect to sell 500,000 units of its new high-capacity computer disk at a price of
A market research specialist told Peachtree Company that it could expect to sell 500,000 units of its new high-capacity computer disk at a price of $5. Assuming the company desires a profit margin equal to 20% of sales, what target cost per unit is necessary?
A). $1.00rn
B). $4.00rn
C). $3.00rn
D). None of these
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
