20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Target cost

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 14, 2020 at 3:14 pm #570831
pinkyjovin123
Participant
- Topics: 92
- Replies: 134
Hi sir,
Please help me with this solution to get the answer 450
The selling price of product K is set at $450 for each unit and the Co requires a return of 20% from the product.
What is the target cost for each unit for the coming year?
May 14, 2020 at 3:42 pm #570841
John Moffat
Keymaster
- Topics: 57
- Replies: 54767
The answer cannot possibly be $450. You have either mistyped the question or there is a mistake in the answer in your book.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.