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Determine the target cost per unit for the new product

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Reference no: EM133084857

Question - Management of Canadian feet, Inc. (CFI) is considering a new product that would have a selling price of $55 per unit and projected sales of 41000 units. The new product would require an investment of $820000. The desired return on investment is 15%. Determine the target cost per unit for the new product.

Reference no: EM133084857

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