Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result, market research and competitive pressures influence the determination of their selling price. Their marketing department has done a comprehensive analysis and It looks like a price of $61 would be appropriate given the present business environment. The company has a goal of earning $30 on each unit. What is the target unit cost of each hair dryer? Enter your answers without dollar signs or commas.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 8EA: Marchete Company produces a single product. They have recently received the results of a market...
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Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result,
market research and competitive pressures influence the determination of their selling price.
Their marketing department has done a comprehensive analysis and It looks like a price of $61
would be appropriate given the present business environment.
The company has a goal of earning $30 on each unit.
What is the target unit cost of each hair dryer? Enter your answers without dollar signs or
commas.
ASUS
13
f4
E3
X
19
OLF
11
(12
3.
&
4.
5
7.
8.
E
T.
Y.
F
G
H
K
t6
立
Transcribed Image Text:Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result, market research and competitive pressures influence the determination of their selling price. Their marketing department has done a comprehensive analysis and It looks like a price of $61 would be appropriate given the present business environment. The company has a goal of earning $30 on each unit. What is the target unit cost of each hair dryer? Enter your answers without dollar signs or commas. ASUS 13 f4 E3 X 19 OLF 11 (12 3. & 4. 5 7. 8. E T. Y. F G H K t6 立
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