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 would be the desired cost reduction? (Please round all amounts to nearest cent.)

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 would be the desired cost reduction? (Please round all amounts to nearest cent.)

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 would be the desired cost reduction? (Please round all amounts to nearest cent.)

Nemesis Company Manufactures Water Skis - Which of the Following Would Be the Desired Cost