Prepare a Word document where you answer the following premises and questions as a guide for your written work What are the two types of pricing environments for sales to external consumers How is the target cost determined What is the formula to calculate the target sales price Explain Determine t...

Answer Here is a Word document addressing the premises and questions you provided Pricing Environments for Sales to External Consumers There are two m ...

Prepare a Word document where you answer the following premises and questions as a guide for your

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Prepare a Word document where you answer the following premises and questions as a guide for your written work:
- What are the two types of pricing environments for sales to external consumers?
- How is the target cost determined?
- What is the formula to calculate the target sales price? Explain.
Determine the sales price per unit of a product that has a cost of $525.00 and the company wants a markup of 15%.
- Under what circumstances is the time-material method most used?
- What is the transfer price?