What is target costing? a. designing a product, then determining its cost and price b. basing price on customer perceptions of cost c. pricing products without any consideration to costs d. setting acceptable costs and then setting the price e. setting a price and then setting costs that will ensure that the price is met

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?