Edit View Go Tools Window Help Session 16 Pricing Exercise-2.pdf (page 3 of 4) - Edited Q Search Exercise 3: Target Profit Pricing As the term suggests, target profit pricing is designed to determine how many units we will need to sell to both covercoss AND achieve a set profit. In some forms, marketers are allocated a profit contribution goal target for the year, and they will this approach to estimate the required sales volume, Work through the following the samples to a better understanding of this approach. ACTIVITY/TASK Using target pricing analysis 1. How many units need to be sold to generate a $30,000 profit if the price is $30? No. of Uits Allocated Fixed Variable Cost Unit Total Production Average Unit Cost UM Price Gross Profit Rev 3333 price is $202 28 29 LLLL 1 CO 2 3 329 33 33 3 Sales Pr 2 S particularly important to a