Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result, market research and competitive pressures influence the determination of their selling price. Their marketing department has done a comprehensive analysis and It looks like a price of $53 would be appropriate given the present business environment. The company has a goal of earning $26 on each unit. What is the target unit cost of each hair dryer? Enter your answers without dollar signs or commas.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result, market research and competitive pressures ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What happens to the price and quantity of dog treats if the demand for dog treats increases and the supply of dog treats increases?
Answers (1)
Motives, objectives, participants, means used, level of violence, scope of war, and asymmetry are all examples of:
Answers (1)
Which one of the following would not cause a bank to debit a depositor's account? a. Checks marked NSF b. Wiring of the depositor's funds to other locations c. Bank service charge d. Interest earned by the account
Answers (1)
Egan is very skilled at budgeting his money, he is very patient, he understands how to track his own financial records, and he keeps calm and collected during stressful occasions.
Answers (1)
Full-Time Employed = 80 Part-Time Employed = 25 Unemployed = 15 Discouraged Workers = 5 Members of Underground Economy = 6 Consumer Price Index = 110 Refer to the given information about a hypothetical economy. The unemployment rate is: a) 12.
Answers (2)
New Questions in Business
Monique was looking for a venue for her wedding reception. When she visited one potential location, she noticed that the landscaping was not complete, and there was stained carpet in the lobby.
Answers (1)
If the reserve requirement was 15% and a bank customer makes a deposit of $500, the initial result would be: a. a $3,333 increase in required reserves and an $425 increase in excess reserves. be.
Answers (1)
The following standards have been established for a raw material used to make product O84: Standard quantity of the material per unit of output 8.9 meters Standard price of the material $ 19.
Answers (1)
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which included his initial investment of $18,000 cash.
Answers (1)
Which of the following asset accounts is increased when a receivable is collected? a. Accounts Payable b. Supplies c. Cash d. Accounts Receivable
Answers (1)