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Clark Manufacturing Makes Blank CDs; It Is a Very Competitive

Question 115

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Clark Manufacturing makes blank CDs; it is a very competitive market and the company follows a target pricing strategy. Currently the market price for a unit of product (one unit equals a package of 100 CDs) is $18.00. Clark's production costs are shown below: Clark Manufacturing makes blank CDs; it is a very competitive market and the company follows a target pricing strategy. Currently the market price for a unit of product (one unit equals a package of 100 CDs) is $18.00. Clark's production costs are shown below:       The company's objective is to earn 5% profit on the sales price of the product. Based on the above data, what is the company's target cost per unit? A) $18.40 B) $14.32 C) $17.10 D) $17.52 Clark Manufacturing makes blank CDs; it is a very competitive market and the company follows a target pricing strategy. Currently the market price for a unit of product (one unit equals a package of 100 CDs) is $18.00. Clark's production costs are shown below:       The company's objective is to earn 5% profit on the sales price of the product. Based on the above data, what is the company's target cost per unit? A) $18.40 B) $14.32 C) $17.10 D) $17.52 Clark Manufacturing makes blank CDs; it is a very competitive market and the company follows a target pricing strategy. Currently the market price for a unit of product (one unit equals a package of 100 CDs) is $18.00. Clark's production costs are shown below:       The company's objective is to earn 5% profit on the sales price of the product. Based on the above data, what is the company's target cost per unit? A) $18.40 B) $14.32 C) $17.10 D) $17.52 The company's objective is to earn 5% profit on the sales price of the product. Based on the above data, what is the company's target cost per unit?


A) $18.40
B) $14.32
C) $17.10
D) $17.52

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