-Assume that Ahmed Electronics Manufacturing LLC producing and selling mobiles. Because of online classes during pandemic, the company newly started manufacturing Tabs and it wants to calculate a target cost for its new product, the price of which will be set at RO 150. If the company requires 9% profit margin on its sales, what will be the target cost? a. OMR 163.5 b. None of the given options c. OMR 150 d. OMR 136.5
-Assume that Ahmed Electronics Manufacturing LLC producing and selling mobiles. Because of online classes during pandemic, the company newly started manufacturing Tabs and it wants to calculate a target cost for its new product, the price of which will be set at RO 150. If the company requires 9% profit margin on its sales, what will be the target cost? a. OMR 163.5 b. None of the given options c. OMR 150 d. OMR 136.5
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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3-Assume that Ahmed Electronics Manufacturing LLC producing and selling mobiles. Because of online classes during pandemic, the company newly started manufacturing Tabs and it wants to calculate a target cost for its new product, the price of which will be set at RO 150. If the company requires 9% profit margin on its sales, what will be the target cost?
a. OMR 163.5
b. None of the given options
c. OMR 150
d. OMR 136.5
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