Answer the Following Questions Using the Information Below

question 60

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 $240. The annual target sales volume for interior doors is 20,000. Ed has target operating income of 20% of sales.
-What are target sales revenues?

• A) $960,000
• B) $3,840,000
• C) $4,800,000
• D) $5,760,000

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Definitions:

Psychological Conflicts

Internal struggles resulting from incompatible or opposing desires, demands, or impulses.

Sex

A biological classification based on physiological differences, such as reproductive organs, but also a term used to reference sexual activity.

Aggression

A form of behavior characterized by physical or verbal attack, it can be a manifestation of psychological issues or social conflicts.

Oedipus Complex

A Freudian theory that describes a child's feelings of desire for the opposite-sex parent and jealousy and competition with the same-sex parent.