Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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