An estimated cost per unit in long run which enables the company to achieve its per unit desired profit is known as: a. Target operating income per unit b. Target cost per unit c. Total operating cost per unit d. Total cost per unit

An estimated cost per unit in long run which enables the company to achieve its per unit desired profit is known as: a. Target operating income per unit b. Target cost per unit c. Total operating cost per unit d. Total cost per unit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

Question

21-An estimated cost per unit in long run which enables the company to achieve its per unit desired profit is known as:

Target operating income per unit

Target cost per unit

Total operating cost per unit

Total cost per unit

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