ACCOUNTING
Multiple Choice
After conducting a market research study, Schultz Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $60. The annual target sales volume for interior doors is 20,000. Schultz has target operating income of 20% of sales.
What is the target cost for each interior door?
a. $48
b. $58
c. $60
d. $45
Click here for the SOLUTION
No comments:
Post a Comment