Rica Company Is a Price-Taker and Uses Target Pricing How Much Is the Target Full Product Cost Per Unit

question 45

Multiple Choice

Rica Company is a price-taker and uses target pricing. Refer to the following information: $$\begin{array} { | l | r | l | } \hline\text { Production volume } & 600,000 & \text { units per year } \\\hline \text { Market price } & \$ 30 & \text { per unit } \\\hline \text { Desired operating income } & 15 \% & \text { of total assets } \\\hline \text { Total assets } & \$ 13,900,000 & \\\hline\end{array}$$ How much is the target full product cost per unit? (Round your answer to nearest cent.) Assume all units produced are sold.

• A) $30
• B) $26.53
• C) $23.17
• D) $19.33

Understand different types of employee assessments and their purposes.

Recognize legal considerations in employment, including classifications and physical examinations.

Identify strategies for employee development and orientation.

Differentiate between forms and documents used in the hiring process.

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Definitions:

Community

A group of people living in the same place or having a particular characteristic in common.

Interplay

The way in which two or more things influence or affect each other.

Values

Positive abstractions that capture our sense of what is good and desirable.

Expectations

Beliefs or anticipations about future events or behaviors, often based on past experiences or societal norms.