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The company has researched the market and has set the selling price for the new product at $300 per unit. At this price, sales volume for next year is forecast to be 500 units. The forecast unit cost is $210.

What is the target cost gap per unit for the coming year?

Give your answer to the nearest whole $.

Options:

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Question 2

Which TWO of the following expressions are correct?

Options:

1 + money rate = (1 + real rate) x (1 + inflation rate)

1 + real rate = (1 + money rate) / (1 + inflation rate)

1 + real rate = (1 + inflation rate) / (1 + money rate)

1 + money rate = (1 + inflation rate) / (1 + real rate)

1 + inflation rate = (1 + money rate) x (1 + real rate)

Question 3

Which TWO of the following are examples of management information made possible by the availability of big data?

Options:

Customer profitability analysis to identify key strategic customers

Customer information harvested from social media to target products

Production cycle time analysis to improve production efficiency

Real-time inventory management information shared with producers to influence their production plans

A five year history of a company's aged debtor list to assess the long-run effectiveness of credit control

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