Star Stationery Company Is a Price-Taker and Uses Target Pricing

question 176

Multiple Choice

Star Stationery Company is a price-taker and uses target pricing.Refer to the following information: $$\begin{array} { | l |r |l| } \hline \text { Production volume } & 602,000 &\text { units per year } \\\hline \text { Market price } & \$ 34& \text { per unit } \\\hline \text { Desired operating income } & 17 \% &\text { of total assets } \\\hline \text { Total assets } & \$ 1,600,000 \\\hline\end{array}$$ What is the target full product cost per year? Assume all units produced are sold.

• A) $20,468,000
• B) $20,196,000
• C) $27,200,000
• D) $10,836,000

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Definitions:

Cluster B

Dramatic or emotional personality disorders; “wild” or “bad.”

Psychopathology

The study of mental disorders, focusing on the diagnosis, treatment, and understanding of psychological dysfunction and distress.

Personality Disorders

Extreme and inflexible personality configurations that lead to significant impairment.

Research Methods

Various strategies and techniques used to systematically investigate research questions and hypotheses.