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 16 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
Wow, this really help


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

For a complete list of videos, visit our video library