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Fowler Company is a price taker and uses target pricing, Refer to the following information: Production volume 501.000 units per year Market price $30 per
Fowler Company is a price taker and uses target pricing, Refer to the following information: Production volume 501.000 units per year Market price $30 per unit Desired operating income 12 of total assets Total assets 513.800.000 Variable cost per unit 518 per unit Fored cost per year 55.500.000 per year with the current cost structure. Fowler cannot achieve its profit goals. It will have to reduce either the forced costs of the abile con Astuming that variable costs reduced, what are the target fored costs per year? Assume all units produced are sold 55.500.000 510.818.000 512.530.000 54.366000
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