Eckert Company is involved in producing and selling high-end
golf equipment. The company has recently been involved in
developing various types of laser guns to measure yardages on the
golf course. One small laser gun, called LittleLaser, appears to
have a very large potential market. Because of competition, Eckert
does not believe that it can charge more than $99 for LittleLaser.
At this price, Eckert believes it can sell 116,000 of these laser
guns. Eckert will require an investment of $9,860,000 to
manufacture, and the company wants an ROI of 20%.
Determine the target cost for one LittleLaser.
Target cost | $ |
Selling price per unit = $99
Number of units to be sold = 116,000
Investment = $9,860,000
Return on investment = 20%
Desired profit = Investment x Return on investment
= 9,860,000 x 20%
= $1,972,000
Profit per unit = Desired profit / Number of units to be sold
= 1,972,000/116,000
= $17
Target cost per unit = Selling price per unit - Profit per unit
= 99-17
= $82
Target cost | $ | 82 |
Kindly comment if you need further assistance.
Thanks‼!
Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in d...
Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than $84 for LittleLaser. At this price, Eckert believes it can sell 119,000 of these laser guns. Eckert will require an investment of...
Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than $90 for LittleLaser. At this price, Eckert believes it can sell 100,000 of these laser guns. Eckert will require an investment of...
Exercise 22-2 Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than $93 for LittleLaser. At this price, Eckert believes it can sell 109,000 of these laser guns. Eckert will require an...
Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure rs to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than $93 for LittleLaser. At this price, Eckert believes it can sell 109,000 of these laser guns. Eckert will require an investment of $10,355,000 to manufacture, and the company wants an ROI of 20%....
E21.2 (LO 1) Eckert Company is involved in producing and selling high-end golf equipment. The com- pany has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called Little Laser, appears to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than 590 for Little Laser. At this price, Eckert believes it can sell 100,000 of these laser guns....
Lasik Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleLasik, appears to be very large. Because of competition, Lasik Look does not believe that it can charge more than $120 for LittleLasik. At this price, Lasik Look believes it can sell 100,000 laser guns. LittleLasik will cost $8,960,000 to manufacture, and the...
Lasik Look produces and sells high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure distances on the golf course. The potential market for one small laser gun, the LittleLasik, appears to be very large. Because of competition, Lasik Look does not believe that it can charge more than $120 for LittleLasik. At this price, Lasik Look believes it can sell 100,000 laser guns. LittleLasik will cost $9,220,000 to manufacture, and the...
just E.82
Sve cusung particularly helpful in deciding whether to produce a given product? Compute targe 1.0.2 (LO 1), AP Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Eckert does not believe that it can charge more than $90 for...
Subject: HRM
Introduction and Instructions
You have recently been hired as the Director of Human Resources
for Wilson Brothers Canada and have HR responsibility for all of
the company’s Canadian operations. Bob and John Wilson have asked
you to prepare a report for their review focusing specifically on
organizational behavior within the company. Review the Wilson
Brothers Case Scenario in depth and address the required topic
listed below in your analysis report. Marks are allocated for
thoroughness of coverage of...
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