Answer the Following Questions Using the Information Below

question 29

Multiple Choice

Answer the following questions using the information below:
After conducting a market research study, Ed Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $120. The annual target sales volume for interior doors is 20,000. Ed has target operating income of 20% of sales.
-What is the target cost for each interior door?

• A)$96
• B)$116
• C)$120
• D)$90

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Definitions:

Proxemics

The study of how humans use space in communication, including the physical distance maintained in social interactions.

Space

A continuous area or expanse that is free, available, or unoccupied, also pertaining to the physical universe beyond the earth's atmosphere.

Monochronic Cultures

Societies or cultures that value punctuality, a linear sense of time, and doing one task at a time, often viewing time as a finite resource.

Proxemics

Investigating how people use areas and the consequences of population concentration on individuals' behavior, modes of communication, and social engagements.