Tesla Corporation has invested $1,000,000 in a plant to make commercial juicer machines. The company plans annual sales of 20,000 juicer machines. The target return on investment is 6% annually. Expected costs for next year are as follows:

Variable costs: $10 per unit

Fixed costs: $80,000

Assume the full cost is the cost base. What is the target selling price for Tosla Corporation?

Group of answer choices

$15

$20

$17

$22

Question 18

What is the markup as a percentage of total cost?

Group of answer choices

$21.43%

$18.22%

$25.95%

$17.65%

Most of a products life-cycle costs are locked in by decisions made during the business function of the value chain.

Group of answer choices

manufacturing

design

marketing

customer service