How much is the target cost per unit

Assignment Help Finance Basics
Reference no: EM132185036

A new product is being designed by an engineer team at golem security. Several managers and employees from the cost accounting department and the marketing department are also on the team to evaluate the product and determine the cost using a target costing methodology. An analysis of similar products on the market suggest a price of $126.00 per unit. The company requires a profit of 0.25 of selling price. How much is the target cost per unit?

Reference no: EM132185036

Questions Cloud

What types of legal barriers to market entry exist : Why would the drug maker want to stymie generic competition? Explain your response. What are the possible ethical dilemmas that are present in this example?
What is the price per share : If Raphael has $13,000 in debt and 350 shares of common stock outstanding, what is the price per share?
Define project management and the necessary requirements : What is the probability that McGee Carpet and Trim will finish the project in 40 days or less? Define project management and the necessary requirements.
Develop a new integrated marketing communication campaign : MG5547 Marketing Communications - evelop a new integrated marketing communication campaign for a yogurt or yogurt drink brand targeting at the UK market
How much is the target cost per unit : The company requires a profit of 0.25 of selling price. How much is the target cost per unit?
What are the specifics you will need to include : How will you prepare for this presentation? What are the specifics you will need to include? What type of specific information do you think will be helpful.
Rate of interest : Eugene is planning his retirement. The rate of interest that he can lend and borrow at the bank is 6 percent.
What price should be charged : If the company marks up total cost by 0.42 , what price should be charged if 62,000 units are expected to be sold?
Do psychologists still listen to Freud : Read this article: Do psychologists still listen to Freud? From the article and chapter 12, do you feel that any of the theories that are discussed

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd