Bramble Company is involved in producing and selling high end golf equipment The company has recently been involved in developing various types of laser guns to measure yardages on the golf course One small laser gun, called LittleLaser, appears to have a very large potential market Because of competition, Bramble does not believe that it can charge more than $ 82 for LittleLaser At this price, Bramble believes it can sell 103,000 of these laser guns Bramble will require an investment of $ 10,300,000 to manufacture, and the company wants an ROI of 16 Determine the target cost for one LittleLaser Bramble Company is involved in producing and selling high end golf equipment The company has recently been involved in developing various types of laser guns to measure yardages on the golf course One small taser gun, called LittleLaser, appears to have a very large potential market Because of competition, Bramble does not believe that it can charge more than $82 for Little Laser At this price, Bramble believes it can sell 103,000 of these laser guns Bramble will require an investment of $10,300,000 to manufacture, and the company wants an ROI of 16 Determine the target cost for one LittleLaser Target cost $

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 01, 2024

Bramble Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to

Bramble Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Bramble does not believe that it can charge more than $82 for LittleLaser. At this price, Bramble believes it can sell 103,000 of these laser guns. Bramble will require an investment of $10,300,000 to manufacture, and the company wants an ROI of 16%.

Determine the target cost for one LittleLaser. image text in transcribed

Bramble Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small taser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Bramble does not believe that it can charge more than $82 for Little Laser. At this price, Bramble believes it can sell 103,000 of these laser guns. Bramble will require an investment of $10,300,000 to manufacture, and the company wants an ROI of 16%. Determine the target cost for one LittleLaser Target cost $