Net operating income of the company if price were charged


The owners have invested $2,000,000 in the company and feel that they should be earning at least 2% per month on these funds. If the absorption costing approach to pricing were used, what would be the target selling price based on the current sales of 50,000 units? What do you think would happen to the net operating income of the company if this price were charged?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Net operating income of the company if price were charged
Reference No:- TGS091499

Expected delivery within 24 Hours