Origami Company is a price-taker and uses target pricing. Please refer to the following information: Production volume 500,000 Units per year Market price $24.00 Per unit Desired operating profit 12% Of total assets Total assets $12,500,000 How much is the target full cost in total for the year

$10,500,000

Step by Step Explanation:

Production volume 500,000 Units per year Market price $24.00 Per unit

Desired operating profit 12% Of total assets Total assets $12,500,000

Total Assets× Percentage of per unit Desired operating profit total assets

$12,500,000 × 12% = $1,500,000

Market price× production volume

$24 × 500,000 = $12,000,000

Therefore;

$12,000,000 - $1,500,000 = $10,500,000

The target full cost in total for the year is $10,500,000

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

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