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Calculate the target cost per unit the company must achieve

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Reference no: EM132725332

Problem - Sheffield Company plans to sell 7,000 units of a new product at a price of $39 per unit. The cost to bring the product to market, including design and development, is $165,000. The desired return on investment (ROI) is 10%. Calculate the target cost per unit the company must achieve to ensure it attains its desired ROI.

Reference no: EM132725332

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