Ray Corp. wants to produce and sell a new portable radio. Desired profit per unit is $2. The expected unit sales price is $20 based on 10,000 units. What is the total target cost? Question 6 options: $180,000 $209,000 $ 200,000 $20,000

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 4P
Question

mkt.1

 

 

Ray Corp. wants to produce and sell a new portable radio. Desired profit per unit is $2. The expected unit sales
price is $20 based on 10,000 units. What is the total target cost? Question 6 options: $180,000 $209,000 $
200,000 $20,000
Transcribed Image Text:Ray Corp. wants to produce and sell a new portable radio. Desired profit per unit is $2. The expected unit sales price is $20 based on 10,000 units. What is the total target cost? Question 6 options: $180,000 $209,000 $ 200,000 $20,000
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