The target rate of return on investment is the target operating income that an organization must earn divided by invested capital.
Including unit fixed costs for pricing is often used because of its simplicity.
Survey evidence suggest that most companies use which type of cost when making pricing decisions?
B)absorption product costing
C)variable product costs
D)variable manufacturing costs
E)manufacturing function costs
Use the information below to answer the following question(s).Pershing Company budgeted the following costs for the production of its one and only product, blades, for the next fiscal year:
Pershing has a target profit of $150,000.
-What is the target profit percentage as a percentage of total manufacturing costs?