Mallard Corporation uses the product cost concept of product pricing. Below is cost information for the production and s
Posted: Thu May 19, 2022 2:52 pm
Mallard Corporation uses the product cost concept of product
pricing. Below is cost information for the production and sale of
45,000 units of its sole product. Mallard desires a profit equal to
a 12% rate of return on invested assets of $800,000.
The dollar amount of desired profit from the production and sale of
the company's product is
a.$220,500
b.$105,840
c.$96,000
d.$225,000
pricing. Below is cost information for the production and sale of
45,000 units of its sole product. Mallard desires a profit equal to
a 12% rate of return on invested assets of $800,000.
The dollar amount of desired profit from the production and sale of
the company's product is
a.$220,500
b.$105,840
c.$96,000
d.$225,000