target pricing is the result of a manufacturer ______in a product to a achieve the target price
setting the highest costs possible
deliberately adjusting the cost and quality of the component parts
researching what mark up wholesalers will accept
studing competitive prices and making fixed cost adjustments
relying on a jury of executive opinion to establish cost factors
a custom tailor wishes to use target profit pricing to estabish a price for a custom designed business suit. assume variable cost is $200 per suit fixed cost
is $44000 and a target profit of $50000 on a volume of 50 suits is desired? what should be charged for a typical custom suit?
1040.00 900 1800 2080 cannot be determined
odd-even pricing is most closely related to
retailers perceptions of price
customers perceptions of price
wholesalers markups
manufacturers costs
cost of product facilitation to market