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Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778 تمرين 37
Capturing Market Share with Target Prices
Assume Bracy's, a retail establishment, wants to capture a 30 percent share of the evening gown market. In order to capture that share, it has determined that the average price of an evening gown should be $450.00. Bracy's requires a 25 percent markup on all clothing lines. What is the target cost for the average evening gown?
Assume Bracy's, a retail establishment, wants to capture a 30 percent share of the evening gown market. In order to capture that share, it has determined that the average price of an evening gown should be $450.00. Bracy's requires a 25 percent markup on all clothing lines. What is the target cost for the average evening gown?
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Target cost:
It is the cost at which a ...
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
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