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

Author Question: Sales of Granite City Products Inc. have been on a steady decline for the last 12 months. A market ... (Read 66 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Mar 6, 2021

Question 1

Relevant costs for target pricing are ________.
◦ variable manufacturing costs
◦ variable manufacturing and variable nonmanufacturing costs
◦ all fixed costs
◦ all future costs, both variable and fixed

Question 2

Sales of Granite City Products Inc. have been on a steady decline for the last 12 months. A market research study conducted revealed that the product of Granite City Products Inc. can be sold only for $440 as opposed to the current market price charged of $540 per unit. Granite City Products Inc. has decided to revise its sales price to $440. The annual sales target volume of the product after price revision is 260 units. Granite City Products Inc. wants to earn 30% on its sales amount.

What are the target sales revenues?
◦ $148,720
◦ $114,400
◦ $80,080
◦ $42,120
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 mydiamond on Mar 6, 2021

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
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 50% of students answer this correctly


mydiamond

  • Member
  • Posts: 804
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Products of the Root's Primary Meristems Products of the Root's Primary Meristems
Jane Goodall pioneered the modern approach to studying primates in the wild, involving close-up obse Jane Goodall pioneered the modern approach to studying primates in the wild, involving close-up obse
Major inner membrane transport systems for respiratory substrates and products Major inner membrane transport systems for respiratory substrates and products
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Stock Market Question Stock Market Question
We lost the 6th book in the series. After two months, we finally found it. We lost the 6th book in the series. After two months, we finally found it.
Video: Secondary Active Transport

For a complete list of videos, visit our video library