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Demonstrate what is the target cost

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After conducting a market research study, Lorax 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 Profit (Operating Income) of 20% of sales.

Question 1: What is the target cost?

Select one:

a. $1,600,000

b. $1,440,000

c. $960,000

d. $800,000

Reference no: EM132598717

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