Our company is a price-taker and has the following information available for the current year: budgeted production, 220,000 units; desired operating income as a percentage of total assets, 16%; current market price of our product, $50.00 per unit; total assets, $12,000,000. What is our companysdesired profitfor the year?

$1,760,000

$1,920,000

$9,080,000

$11,000,000

Our company is a price-taker and has the following information available for the current year: budgeted production, 200,000 units; desired operating income as a percentage of total assets, 15%; current market price of our product, $50.00 per unit; total assets, $12,000,000. What is thefull product costfor the year?

$1,500,000

$1,800,000

$8,200,000

$12,000,000