Origami Company Is a Price-Taker and Uses Target Pricing -
How Much Is the Target Full Cost in Total

question 41

Multiple Choice

Origami Company is a price-taker and uses target pricing. Please refer to the following information:
$$\begin{array} { | l | r | r | } \hline \text { Production volume } & 500,000 & \text { Units per year } \\\hline \text { Narket price } & \$ 24.00 & \text { Per unit } \\\hline \text { Pesired aperating profit } & 12 \% & \text { Of total assets } \\\hline \text { Tatal assts } & \$ 12,500,000 & \\\hline\end{array}$$
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How much is the target full cost in total for the year?

• A) $1,440,000
• B) $10,500,000
• C) $12,000,000
• D) $1,500,000

Calculate the effects of changes in income on consumption choices.

Understand and calculate the marginal rate of substitution (MRS) and its role in consumption decisions.

Analyze the impact of price changes on consumption choices.

Apply the concept of budget constraints to consumer choices.

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Definitions:

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Characteristics or qualities traditionally associated with women or girls, often contrasted with "masculine," though definitions and associations can vary culturally and individually.

Masculine

Qualities, attributes, or roles traditionally associated with men or considered typical of male behavior.

Emotional

Pertaining to feelings or the ability to be affected by or express emotions.

Strong

Capable of withstanding great force or pressure, either physically, mentally, or emotionally.