Origami Company Is a Price-Taker and Uses Target Pricing

question 136

Multiple Choice

Origami Company is a price-taker and uses target pricing. Please refer to the following information: How much is the target full cost per unit? (Please round to nearest cent.)

• A)$21.00
• B)$24.00
• C)$22.67
• D)$19.33

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Definitions:

Place Of Delivery

The specified location where goods are to be delivered under a contract of carriage.

Display Counters

Furniture or fixtures used in retail settings to showcase products to customers, typically featuring a glass or clear plastic front.

Shipment Contract

This is a type of sales contract where the seller is required to send the goods to the buyer, but the title and risk of loss pass to the buyer upon the seller's delivery to the carrier.

Conforming Goods

Products that meet the specifications and quality standards as outlined in a contract agreement between a buyer and seller.