It's like being statistic and thinking of a plan and going about it and being statistic, thats the best i can do. Like a strategy.
Answer:
Target cost is $13.60
Explanation:
Target cost is the competitive market minus the desired profit amount.In other words,the firm first of all establishes the market price which is acceptable to consumers,then deduct its desired profit in order to arrive at the target cost.
In the scenario,the competitive market price is $15
desired profit margin=required rate of return on investment*amount invested/planned number of calculators
required rate of return is 12%
amount invested is $6,020,000
planned number of calculators is 516,000
desired profit margin=12%*$6,020,000/516,000=$1.4
target cost=$15-$1.4=$13.6
Explanation:
the benefits of a savings account is to be secure from thief
Costs incurred as a result of past irrevocable decisions and irrelevant to future decisions are called opportunity costs.
Sunk costs are funds already spent in the past, and opportunity costs are potential returns not realized on future investments because the capital was invested elsewhere.
Sunk costs are costs that have already been incurred and have no possibility of future recovery. For example, rent, spending on marketing campaigns, or money spent on new equipment can all be considered sunk costs. Sunk costs are also known as past costs.
Sunk costs, also known as retroactive costs, refer to investments already made that cannot be recovered. Examples of irrevocable decisions in corporate sunk costs include marketing, research, installation of new software or equipment, salaries, benefits, or operating expenses.
Learn more about irrevocable decisions at
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