Nemesis Company manufactures water skis. Nemesis pursues a target pricing strategy. Please review the data below:
$$\begin{array} { l l }
\text { Current market price } & \$ 180 \text { per pair } \
\text { Current manufacturing cost } & \$ 110 \text { per pair } \
\text { Current non-manufacturing cost } & \$ 25 \text { per pair } \
\text { Desired profit } & 30 \% \text { of price }
\end{array}$$
-Which of the following represents the target price?

Question

Nemesis Company manufactures water skis. Nemesis pursues a target pricing strategy. Please review the data below:
$$\begin{array} { l l } 
\text { Current market price } & \$ 180 \text { per pair } \
\text { Current manufacturing cost } & \$ 110 \text { per pair } \
\text { Current non-manufacturing cost } & \$ 25 \text { per pair } \
\text { Desired profit } & 30 \% \text { of price }
\end{array}$$ 
-Which of the following represents the target price?

Quizplus · Accepted Answer

The Answer of Nemesis Company manufactures water skis. Nemesis pursues a target pricing strategy. Please review the data below:
$$\begin{array} { l l } 
\text { Current market price } & \$ 180 \text { per pair } \
\text { Current manufacturing cost } & \$ 110 \text { per pair } \
\text { Current non-manufacturing cost } & \$ 25 \text { per pair } \
\text { Desired profit } & 30 \% \text { of price }
\end{array}$$ 
-Which of the following represents the target price?

Nemesis Company Manufactures Water Skis -Which of the Following Represents the Target Price? A) $143

Nemesis Company Manufactures Water Skis -Which of the Following Represents the Target Price?
A) $143