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Companies that sell products whose prices are A) price givers. B) price leaders C) price takers. D) price setters Bond Co. is using the target

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Companies that sell products whose prices are A) price givers. B) price leaders C) price takers. D) price setters Bond Co. is using the target cost approach on a new product. Information gathered so far reveals: Expected annual sales 400,000 units Desired profit per unit $0.35 Target cost $168,000 What is the target selling price per unit? A) $0.42 B) $0.70 C) $0.35 D) $0.77 Bellingham Suit Co. has received a shipment of suits that cost $200 each. It the company uses cost-plus pricing and applies a markup percentage of 60%, what is the sales price per suit? A) $333 B) $320 C) $280 D) $500 Use the following to answer question 40: Inc. has collected the following data concerning one of its products. The ROI percentage is A) 20%. B) 25%. C) 30%. D) 35%

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