What is minimum acceptable selling price for new product

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Tork Corporation is about to announce a new product, J82, whose variable cost is $116.30 per unit and that would require 7.70 grams of a raw material that is the constrained resource in the company. The opportunity cost to use this constrained resource is $54.00 per gram. What is the minimum acceptable selling price for the new product?

Reference no: EM13787738

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