Rica Company Is a Price-Taker and Uses a Target-Pricing Approach

question 36

Multiple Choice

Rica Company is a price-taker and uses a target-pricing approach.Refer to the following information:
- What is the target full product cost in total for the year? Assume all units produced are sold.

• A)$18,000,000
• B)$15,915,000
• C)$13,900,000
• D)$2,085,000

---

Definitions:

Disposable Razor

A shaver designed for short-term use, intended to be discarded after a few shaves to maintain hygiene and sharpness.

Diabetes Mellitus

A chronic condition that affects how the body processes blood glucose, leading to elevated sugar levels.

Bleeding Disorder

A condition where the normal clotting function of blood is impaired, causing excessive bleeding and bruising.

45-Degree Angle

A measure of angle representing half of a right angle and often used in medical positioning or procedures to ensure accuracy.