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Calculate the target cost per unit

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Problem - Stellar company plans to sell 23,000 units at a price of $56 per unit. The cost to bring the product to market, including design and development, is $880,000. The desired return on investment (ROI) is 26.13636%. Calculate the target cost per unit the company must achieve to ensure it attains its desired ROI.

Reference no: EM132726003

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