Question
The selling price of Product X is set at $330 for each unit and sales for the coming year are expected to be 480 units.
The selling price of Product X is set at $330 for each unit and sales for the coming year are expected to be 480 units.
A return of 18% on the investment of $300,000 in Product X will be required in the coming year.
What is the target cost for each unit of Product X?
A) $99.00
B) $217.50
C) $112.50
D) $231.00
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Accounting Information Systems
Authors: Robert Hurt
2nd Edition
78111056, 978-0078111051
