Answer the Following Question(s)using the Information Below

question 38

Multiple Choice

Answer the following question(s) using the information below.After conducting a market research study, Potter Products decided to produce an electric coffee pot to complement its line of kitchen products.It is estimated that the new coffee pot can be sold at a target price of $46.The annual target sales volume for the coffee pot is 300,000.Potter has target operating income of 18% of sales.
-What is the total target cost?

• A)$9,840,000
• B)$11,316,000
• C)$13,352,000
• D)$9,279,120
• E)$1,131,600

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