Answer the Following Question(s)using the Information Below

question 119

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 target cost for each coffee pot?

• A)$32.80
• B)$44.51
• C)$30.93
• D)$3.77
• E)$37.72

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Definitions:

Premises

Statements or propositions from which conclusions are logically derived in arguments.

Conclusion

Conclusion refers to the end or finish of an event, process, or text, often summarizing the main points or deducing a final decision.

Conjunctions

Words that connect clauses, sentences, or words in the same sentence to coordinate thoughts and ideas.

Connective

A term or element used in logic and language to link propositions, sentences, or words in a coherent way to construct complex statements.