Gotham Products Is a Price-Taker and Uses Target Pricing Actual Costs Are Currently Higher Than Target Full Product Cost

question 119

Multiple Choice

Gotham Products is a price-taker and uses target pricing. Gotham has just done an analysis of their revenues, costs and desired profits, and has calculated its target full product cost. Refer to the following information: $\begin{array}{|l|c|r|}\hline\text { Target full product cost } & \$ 500,000& \text { per year } \\\hline \text { Actual fixed cost } & \$ 280,000 &\text { per year } \\\hline \text { Actual variable cost } & \$ 2 &\text { per unit } \\\hline \text { Production volume } & 150,000 &\text { units per year }\\\hline\end{array}$

Actual costs are currently higher than target full product cost. Assuming that fixed costs cannot be reduced, how much is the target variable cost per unit?

• A) $1.20
• B) $1.47
• C) $1.33
• D) $3.33

Comprehend the goals of psychoanalysis and humanistic therapy, including the achievement of insight and self-exploration.

Distinguish between the conceptual and practical differences of psychoanalytic, humanistic, and behavioral approaches in therapy.

Analyze the significance of transference and resistance in the therapeutic process.

Understand the distinctions and similarities between traditional psychoanalysis and brief psychodynamic therapies.

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Definitions:

Performance-based Rewards

A compensation system where employees are incentivized based on their performance outcomes, such as reaching targets or achieving specific goals.

Creativity

The ability to produce original and innovative ideas or solutions.

Arsenal of Venice

A historic shipyard and arms depot in Venice, renowned for its role in the maritime power and economic success of the Venetian Republic.

Galleons

Were large multi-decked sailing ships used primarily by European states from the 16th to 18th centuries, mainly for oceanic exploration and warfare.