Blumstein Corporation Would Like to Use Target Costing for a New

question 51

Multiple Choice

Blumstein Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $22 per unit, management projects sales of 60,000 units. The new product would require an investment of $300,000. The desired return on investment is 11%.
-The target cost per unit is closest to:

• A)$22.00
• B)$23.81
• C)$21.45
• D)$24.42

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Definitions:

Indexed

A method of storing data in a database in such a way that it improves the speed of data retrieval operations on a database table.

Database Performance

The measure of how efficiently and effectively a database system processes queries, updates, and other operations.

Table Design

The process or practice of defining the structure, relationships, and properties of tables within a database.

Upper Pane

A term that might refer to the top section of a user interface within a software application, where specific types of information or controls might be displayed.