Question
ased on potential sales of 500 units per year, a new product has estimated traceable costs of $990,000. What is the target price to obtain
has estimated traceable costs of $990,000. What is the target
price to obtain a 15% profit margin on sales?
$2,329
$2,277
$1,980
$1,935
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
18th edition
125969240X, 978-1259692406
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