Hanisch 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 50,000 units. The new product would require an investment of $400,000. The desired return on investment is 14%. The target cost per unit is closest to:
A. $23.80
B. $20.88
C. $25.08
D. $22.00
Answer: B
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Which of the following is most likely to happen when a consumer does not perceive that a product has utility?
A) The customer will not buy the product. B) The customer will research the product before buying it. C) The customer will buy the product without conducting research. D) The customer will have a perceived need for the product. E) The customer will not be influenced by marketing.
Which adaptive strategy is most closely related to the grand strategy of growth?
a. prospecting b. defending c. analyzing d. focus
Taylor Corporation sold Division M (a business component). It was determined that the pretax loss from the operations of Division M during the year totaled $50,000 and that a pretax gain of $125,000 was realized on the sale of the division. The tax rate is 35%. ? Required: ? In good form, prepare the appropriate section of the income statement.
What will be an ideal response?
Which of the following could be an example of deception?
A) an advertisement stating that 14 out of 15 dentists use a particular toothpaste B) an advertisement stating that a fast food chain sells the world's finest chicken C) an advertisement stating that a particular deodorant is the world's best D) an advertisement stating that a retail chain sells the freshest vegetables