Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. peacock, inc. sells 2,100 kayaks per year at a sal

Peacock, Inc. sells 2,100 kayaks per year at a sales price of $500 per unit....

60.1K

Verified Solution

Question

Accounting

Peacock, Inc. sells 2,100 kayaks per year at a sales price of $500 per unit. It sells in a highly competitive market and uses target pricing. The company has calculated its target full product cost at $820,000 per year. Fixed costs are $340,000 per year and cannot be reduced. What is the target variable cost per unit assuming units sold are equal to units produced?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

what are detergents? how do ionic and non-ionic detergents doffer in their ability to disrups membrane...

Biology
Q

Define operations and briefly discuss three of the changes that take place in the preoperational stage...

Psychology
Q

A basketball player grabbing a rebound jumps 78 cm vertically. How much total time (ascent and...

Physics
Q

60 18 30 B Which trigonometric ratios are correct for triangle ABC Select three options...

Algebra
Q

a Determine the two consecutive whole numbers that the square root 22 is between b...

Algebra
Q

5) Flowers and Vases Inc. has projected its sales for June and has estimated the...

Accounting
Q

On September 30, 2016, Bricker Enterprises purchased a machine for $200,000. The estimated service life...

Accounting
Q

Problem 9-2 The comparative statements of Cullumber Company are presented here. CULLUMBER COMPANY Income Statements...

Accounting
Q

Weston Jewelers uses the perpetual inventory system. On April 2, Weston sold merchandise with a...

Accounting
Q

Blue Water Kayak began operations on January 1, 2019. The owner invested $16,000 during the...

Accounting
Q

In 2022, ABC Inc decided to change its strategy from selling high-end furniture to selling...

Accounting
Q

Susan Clark invested $8500 four times a year in an annuity due at Hicks and...

Finance