Answer:
$40
Explanation:
Target cost is the cost per unit arrived at after having deducted the required profit margin from the competitive market price.
It is a management technique that makes management think about ways to achieve a set target cost rather than forcing their actual cost plus profit margin on customers.
In this case, the competitive market price is $54 per unit of hard drive whereas the company expects to achieve a total profit of $14 per unit
Profit margin per unit=$14
competitive market price=$54
Target cost=competitive market price-profit margin per unit
Target cost=$54-$14
Target cost=$40
If the company's trend increases by 12.3% over the previous year and this is bound to continue then the percentage increase through a given number of months will be given by:
(1+ 0.123)∧m/12
we get (1.123)∧m/12
Simplifying the expression we get (1.123)∧(1/12)m
Evaluating (1.123)∧(1/12) we get 1.00971
Therefore, the expression to represent monthly percentage increase will be
(1.00971)∧m
C. the buying and selling of stocks, bonds, and securities.
Answer:
Production costs= $4,310,400
Explanation:
Giving the following information:
$13.5 per pair in variable raw material costs and $13.44 per pair in variable labor expense.
<u>The production costs are the sum of direct material, direct labor, and variable overhead.</u>
Production costs= (13.5 + 13.44)*160,000= $4,310,400
