Wheeler Company is a

pricetaker

and uses a

targetpricing

approach. Refer to the following information:

Production volume	602,000	units per year
Market price	$32	per unit
Desired operating income	17%	of total assets
Total assets	$13,900,000

What is the desired profit for the year?

Question content area bottom

Part 1

A.

$2,363,000

B.

$5,364,000

C.

$102,340

D.

$19,264,000