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What is the target full product cost per year

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Question - Paper Tiger Stationary Company is a price-taker and uses target pricing. Refer to the following? information:

Production volume 600,000 units per year

Market price $32 per unit

Desired operating income 17?% of total assets

Total assets $2,000,000

What is the target full product cost per year? Assume all units produced are sold.

A. $18,860,000

B. $34,000,000

C. $19,200,000

D. $10,800,000

Reference no: EM133173939

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