This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Block Island TV currently sells large televisions for $380. It has costs of $290. A competitor is ... (Read 51 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
on: Mar 6, 2021
Block Island TV currently sells large televisions for $380. It has costs of $290. A competitor is bringing a new large television to market that will sell for $320. Management believes it must lower the price to $320 to compete in the market for large televisions. Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in the market. Block Island TV sales are currently 120,000 televisions per year.

What is the target cost if the company wants to maintain its same income level, and marketing is correct (rounded to the nearest cent)?
◦ $224.00
◦ $238.18
◦ $230.00
◦ $290.00
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Alygatorr01285 on Mar 6, 2021

Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Mar 6, 2021
:D TYSM

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Feral Chincoteague ponies on Assateague Island, Virginia Feral Chincoteague ponies on Assateague Island, Virginia
Photograph of a brain specimen with a large malignant tumor. Photograph of a brain specimen with a large malignant tumor.
Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu
Paul Cézanne, The Large Bathers. Paul Cézanne, The Large Bathers.
The presence of large areas of methane hydrate The presence of large areas of methane hydrate
Horned Puffin, St.Paul Island, Alaska. Horned Puffin, St.Paul Island, Alaska.
Video: Inflammation

For a complete list of videos, visit our video library