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Author Question: Evergreen's most popular product sells for $33.00 and has a variable cost of $26.40. On Evergreen's ... (Read 71 times)

am7272

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on: Feb 5, 2023

Question 1

Ron White Inc. plans to introduce a new product and is using the target cost approach. Projected sales revenue is $810,000 ($4.05 per unit) and target costs are $730,000. What is the desired profit per unit?
◦ $0.40
◦ $3.65
◦ $2.03
◦ $1.63

Question 2

Evergreen's most popular product sells for $33.00 and has a variable cost of $26.40. On Evergreen's income statement the cost of goods sold per unit is $24.42. What is Evergreen's markup percentage based on cost of goods and based on variable cost per unit?
◦ 20%; 26%
◦ 26%; 20%
◦ 35%; 35%
◦ 35%; 25%
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by am7272 on Feb 5, 2023

jojomac20

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Reply #1 on: Feb 5, 2023
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.
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am7272

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

chjcharjto14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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