Answer the Following Question(s)using the Information Below

question 38

Multiple Choice

Answer the following question(s) using the information below.After conducting a market research study, Potter Products decided to produce an electric coffee pot to complement its line of kitchen products.It is estimated that the new coffee pot can be sold at a target price of $46.The annual target sales volume for the coffee pot is 300,000.Potter has target operating income of 18% of sales.
-What is the total target cost?

• A)$9,840,000
• B)$11,316,000
• C)$13,352,000
• D)$9,279,120
• E)$1,131,600

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Definitions:

Polluting Industries

Industries that significantly contribute to contamination of the environment through the release of harmful substances or waste into the air, water, or soil.

Triple Bottom Line

An accounting framework that considers social, environmental, and financial impacts of decisions, aiming for a balance between profit, people, and the planet.

Context-Specific Actions

Actions or decisions made based on the particular details and circumstances of a given situation, often tailored to meet specific challenges or opportunities.

Stakeholders' Expectations

The anticipations and demands that stakeholders (such as shareholders, employees, customers, and communities) have from an organization.