Question
XYZ is using the target cost approach on a new product. Information gathered so far reveals: Expected annual sales 1,000,000 units Desired profit $350,000 Market
XYZ is using the target cost approach on a new product. Information gathered so far reveals:
| Expected annual sales | 1,000,000 units |
| Desired profit | $350,000 |
| Market Price | $.77 |
What is the target cost per unit?
Select one:
a.
.35
b.
.70
c.
.77
d.
.42
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
