If the desired profit = $90 and the target cost = $59, then the target...

60.1K

Verified Solution

Question

Accounting

  1. If the desired profit = $90 and the target cost = $59, then the target price =
    1. $31
    2. It depends on the variable cost
    3. It depends on the fixed cost
    4. It cannot be determined
    5. None of the above

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students