1. Back Bay Company is a price - taker and uses target pricing. Refer to...
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Accounting
1. Back Bay Company is a price - taker and uses target pricing. Refer to the following information:
Production volume 600, 000 units per year
Market price $30 per unit
Desired operating income 17 % of total assets
Total assets $ 13, 800, 000
What is the target full product cost per unit?(Round your answer to nearest cent.)Assume all units produced are sold.
A. $5.10
B. $26.09
C. $24.90
D. $30.00
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