Fantabulous Products sells 2,200 kayaks per year at a price of $470 per unit. Fantabulous sells in a highly competitive market and uses target pricing. The company has $1,000,000 of assets, and the shareholders wish to make a profit of 18% on assets. Assume all products produced are sold. What is the target full product cost
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Home » Business » Fantabulous Products sells 2,200 kayaks per year at a price of $470 per unit. Fantabulous sells in a highly competitive market and uses target pricing. The company has $1,000,000 of assets, and the shareholders wish to make a profit of 18% on assets.