Fantabulous products sells 2,100 kayaks per year at a price of $ 460 per unit. fantabulous sells in a highly competitive market and uses target pricing. the company has $990,000 of? assets, and the shareholders wish to make a profit of 16? % on assets. assume all products produced are sold. what is the target full product? cost?

$807,600

Step-by-step explanation:

Data provided:

Number of products sold per year = 2,100

Per unit price of the product = $460

Company's assets = $990,000

Target profit percentage = 16%

The total sales for the year

= Number of products sold per year × Per unit price of the product

The total sales for the year = 2,100 × $460 = $966,000

Now,

the target net income = total sales × target profit percentage

or

the target net income = $990,000 × 0.16 = $158,400

Therefore,

the target full product cost = Total sales - target net income

or

the target full product cost = $966,000 - $158,400 = $807,600

answer:   28.56 feet (approx)

step-by-step explanation:

since, triangle abc has measure of angle c equal to 55 degrees, measure of angle abc equal to 90 degrees, and length of bc equal to 20 feet.

we have to find out the measurement of segment ab.

therefore, tan 55° =

but bc = 20 feet.

⇒ tan 55 ° =  

⇒ ab = 20 × tan 55 °

⇒ ab = 20 × 1.42814800674

⇒ ab = 28.5629601348   ≈ 28.56 feet