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:

Unique Backgrounds

The distinctive experiences, cultures, or perspectives that individuals bring to a group or organization.

Engineering and Marketing

Disciplines focusing respectively on the design and development of products, and on strategies for promoting and selling them.

Superordinate Goals

Objectives that are important to more than one person or group, which encourage cooperation by requiring joint effort for successful achievement.

Conflict Management

The practice of identifying and handling conflicts in a sensible, fair, and efficient manner.