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Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402 Exercise 11
(2009 CPA Exam) A company's target gross margin is 40% of the selling price of a product that costs $89 per unit. The product's selling price should be:
A) $124.60
B) $142.40
C) $148.33
D) $222.50
A) $124.60
B) $142.40
C) $148.33
D) $222.50
Explanation
Verified
Verified
Justification:
Profit margin refers to ...
Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
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