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Author Question: Sales of Granite City Products Inc. have been on a steady decline for the last 12 months. A market ... (Read 64 times)

sdfghj

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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 $500 as opposed to the current market price charged of $600 per unit. Granite City Products Inc. has decided to revise its sales price to $500. The annual sales target volume of the product after price revision is 200 units. Granite City Products Inc. wants to earn 40% on its sales amount.

What is the total target cost?
◦ $140,000
◦ $60,000
◦ $100,000
◦ $40,000


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Marked as best answer by sdfghj on Mar 6, 2021

kbennett34

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sdfghj

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Reply 2 on: Mar 6, 2021
Excellent


Zebsrer

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Reply 3 on: Yesterday
Wow, this really help

 

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