Calculate the target fixed costs from the following data: A company sells 2,000 Pieces of fans per
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Calculate the target fixed costs from the following data:
A company sells 2,000 Pieces of fans per year at a price of $450 per unit. Company sells in a highly competitive market and uses target pricing. The company has calculated its target full product cost at $720,000 per year. Total variable costs are $330,000 per year and cannot be reduced. How much are the target fixed costs?
A) $570,000
B) $180,000
C) $330,000
D) $390,000
Related Book For
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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