Answer:
$60
Explanation:
For computing the target cost, first we have to determine the profit per unit which is shown below:
= Selling price × return on sales percentage
= $80 × 25%
= $20
Now the target cost would be
= Selling price per unit - profit per unit
= $80 - $20
= $60
All other information which is given is not relevant. Hence, ignored it
A management accountant who avoids conflicts of interest meets the ethical standard of: Integrity.
<h3>What is ethical standard of integrity?</h3>
Ethical standard of integrity is when is truthful and honest and therefore can be defined as the way in which a person or an individual act or behave in way that is inline with the set ethical standard.
Based on the given scenario the accountant act in accordance with ethical standard of integrity which is why he avoided the conflicts of interest.
Therefore a management accountant who avoids conflicts of interest meets the ethical standard of: Integrity.
Learn more about Ethical standard of integrity here:
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