target pricing is the result of a manufacturer ______in a product to a achieve the target price

setting the highest costs possible

deliberately adjusting the cost and quality of the component parts

researching what mark up wholesalers will accept

studing competitive prices and making fixed cost adjustments

relying on a jury of executive opinion to establish cost factors

a custom tailor wishes to use target profit pricing to estabish a price for a custom designed business suit. assume variable cost is $200 per suit fixed cost is $44,000 and a target profit of $50,000 on a volume of 50 suits is desired? what should be charged for a typical custom suit?

1,040.00 , 900, 1800, 2080, cannot be determined

odd-even pricing is most closely related to

retailers perceptions of price

customers perceptions of price

wholesalers markups

manufacturers costs

cost of product facilitation to market