Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably
Fantastic news! We've Found the answer you've been seeking!
Question:
Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit. Flyer management desires a 12.5% profit margin on sales. Flyers current full cost for the product is $44 per unit. The target cost of the companys product is
a. $42
b. $43
c. $40
d. $44
Posted Date: