The company desires a 40 net profit margin on its products


Discussion

Phoenix, Inc. manufactures widgets. The target sales price is $440 per unit. The company desires a 40% net profit margin on its products. What is the company's target full-product cost per unit using target pricing?

Solution Preview :

Prepared by a verified Expert
Corporate Finance: The company desires a 40 net profit margin on its products
Reference No:- TGS02402107

Now Priced at $20 (50% Discount)

Recommended (95%)

Rated (4.7/5)