Question: question 5 Question 5 (3 points) Talbot Company uses a target pricing as a price-taker. Refer to the following information: Production volume 600,000 units per
question 5
Question 5 (3 points) Talbot Company uses a target pricing as a price-taker. 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. $2,055,000 $13,700,000 $90,000 O $15,945,000
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