Johnson Marine Has the Following Costs and Expected Sales for the Coming

question 40

Multiple Choice

Johnson Marine has the following costs and expected sales for the coming year.Johnson is considering a number of different methods to determine the price of its product.
If Johnson determines price using a desired gross margin percentage of 50%,the price is:

• A)$262.50
• B)$306.00
• C)$375.00
• D)$364.29
• E)$330.00

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Definitions:

Unconscious Processes

Mental activities outside of conscious awareness, influencing thoughts, feelings, and behaviors according to psychoanalytic theory.

Self-actualization

Attaining one's full talents and possibilities, regarded as an innate desire or motivation present in all individuals.

Self-concept

is the mental and conceptual understanding and persistent view individuals hold about themselves, their abilities, and their characteristics.

Increases

describes a situation or process where something becomes greater in size, number, or amount.