Gilberto Calhoun

Business

9 July, 10:36

Determinant Company is a price-taker and uses a target-pricing approach. Refer to the following information: Production volume 600,000 units per year Market price $30 per unit Desired operating income 15% of total assets Total assets $13,700,000 What is the target full product cost in total for the year? Assume all units produced are sold.

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