This topic contains a solution. Click here to go to the answer

Author Question: Evergreen's most popular product sells for $33.00 and has a variable cost of $26.40. On Evergreen's ... (Read 74 times)

am7272

  • Full Member
  • ***
  • Posts: 167

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%


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by am7272 on Feb 5, 2023

jojomac20

  • Full Member
  • ***
  • Posts: 149
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 42% of students answer this correctly




am7272

  • Member
  • Posts: 167
Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it


elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library