Pueblo Products is a price-taker and uses target pricing. Please refer to the following information: 
How much is the target full cost per year?
Definitions:
Work Team
A work team is an arrangement in which a group is given responsibility for designing the work system to be used in performing an interrelated set of jobs.
Interrelated Set
A collection of elements or components connected in such a way that they affect and depend on each other, often seen in systems or processes.
Performance Feedback
Information given to individuals about their job performance, designed to guide and improve future performance.
Effective Performance
A level of functioning or achievement that successfully meets or exceeds set standards or expectations.
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