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: Annual sales 50,000 bottles
Projected selling and administrative costs $8,000
Desired profit $70,000
The target cost per bottle is

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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: Annual sales 50,000 bottles
Projected selling and administrative costs $8,000
Desired profit $70,000
The target cost per bottle is