Ta Failte Rhomhat is a bontique store specalizing in irish foods and gifts. They sell whoolen sweaters hand in the Aran Islands for 78 EUROS. The sweaters cost them 47 EUROS.   TCM: 930 PMARGIN: 0.397 (39.7%) MARGIN: 31   If the manager of the store wanted to achieve a 65% target margin what should be the selling price for the sweaters in EUROS?

Managerial Accounting: The Cornerstone of Business Decision-Making
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ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter8: Tactical Decision-making And Relevant Analysis
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Ta Failte Rhomhat is a bontique store specalizing in irish foods and gifts. They sell whoolen sweaters hand in the Aran Islands for 78 EUROS. The sweaters cost them 47 EUROS.

 

TCM: 930

PMARGIN: 0.397 (39.7%)

MARGIN: 31

 

If the manager of the store wanted to achieve a 65% target margin what should be the selling price for the sweaters in EUROS?

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