Mountain Spring Inc.wants to produce and sell a new brand of bottled water.In order to penetrate the market,the product will have to sell at $2.00 per 12 oz.bottle.The following data has been collected:
$\begin{array}{ll}
\text { Annual sales } & 50,000 \text { bottles } \
\text { Projected selling and administrative costs } & \$ 8,000 \
\text { Desired profit } & \$ 70,000
\end{array}$
The target cost per bottle is

Question

Mountain Spring Inc.wants to produce and sell a new brand of bottled water.In order to penetrate the market,the product will have to sell at $2.00 per 12 oz.bottle.The following data has been collected:
$\begin{array}{ll}
\text { Annual sales } & 50,000 \text { bottles } \
\text { Projected selling and administrative costs } & \$ 8,000 \
\text { Desired profit } & \$ 70,000
\end{array}$ 
The target cost per bottle is

Quizplus · Accepted Answer

The Answer of Mountain Spring Inc.wants to produce and sell a new brand of bottled water.In order to penetrate the market,the product will have to sell at $2.00 per 12 oz.bottle.The following data has been collected:
$\begin{array}{ll}
\text { Annual sales } & 50,000 \text { bottles } \
\text { Projected selling and administrative costs } & \$ 8,000 \
\text { Desired profit } & \$ 70,000
\end{array}$ 
The target cost per bottle is

Mountain Spring Inc The Target Cost Per Bottle Is A) $0

Mountain Spring Inc The Target Cost Per Bottle Is
A) $0