Concord Corporation is using the target cost approach on a new product. Information gathered so far reveals:

Expected annual sales	300000 units
Desired profit per unit	$0.35
Target cost	$171000

What is the target selling price per unit?

$0.57

$0.35

$0.70

$0.92

Sheridan Company has received a shipment of suits that cost $140 each. If the company uses cost-plus pricing and applies a markup percentage of 60%, what is the sales price per suit?

$224

$280

$233

$350

Oriole Company has gathered the following information concerning one model of shoe:

Variable manufacturing costs	$45000
Variable selling and administrative costs	$23000
Fixed manufacturing costs	$160000
Fixed selling and administrative costs	$120000
Investment	$1700000
ROI	30%
Planned production and sales	6000 pairs

What is the desired ROI per pair of shoes?

$140

$85

$143

$58