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Determinant Company is a price-taker and uses a target - pricing approach. Refer to the following information: Production volume Market price Desired operating income
Determinant Company is a price-taker and uses a target - pricing approach. Refer to the following information: Production volume Market price Desired operating income Total assets 601,000 units per year $30 per unit 15% of total assets $13,900,000 What is the target full product cost in total for the year? Assume all units produced are sold. OA. $90,150 B. $2,085,000 OC. $13,900,000 OD. $15,945,000
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