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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 70 times)

am7272

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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%


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Marked as best answer by am7272 on Feb 5, 2023

jojomac20

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am7272

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Reply 2 on: Feb 5, 2023
:D TYSM


steff9894

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Reply 3 on: Yesterday
Wow, this really help

 

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