Examlex

Solved

Use the Following Information to Answer the Following Questions

question 54

Multiple Choice

Use the following information to answer the following Questions
Longwood, Inc. manufactures various lines of computer equipment and is planning to introduce a new line of laptops. Current plans call for the production and sale of 1,000 units, with estimated costs as follows:
Use the following information to answer the following Questions Longwood, Inc. manufactures various lines of computer equipment and is planning to introduce a new line of laptops. Current plans call for the production and sale of 1,000 units, with estimated costs as follows:   The average amount of capital invested in the laptop product line is $900,000 and Longwood’s target return on investment is 18%.  -What price must Longwood charge if the company uses cost-plus pricing based on total cost? A)  $868. B)  $900. C)  $1,000. D)  $1,192. E)  None of the answers is correct.
The average amount of capital invested in the laptop product line is $900,000 and Longwood’s target return on investment is 18%.

-What price must Longwood charge if the company uses cost-plus pricing based on total cost?


Definitions:

Broadly Stated

Describes statements or claims that are made in general terms, without specificity or detail.

Goals

Broadly stated learner outcomes.

Strategic Vision

An aspirational description of what an organization or individual hopes to achieve in the future, serving as a guide for setting goals and actions.

Nutrition Education Intervention

A planned approach designed to improve nutritional knowledge and behaviors through activities and programs.

Related Questions