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What is selling price of each unit for ripoff manufacturing

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Problem 1: Ripoff Manufacturing makes and sells charging cables for cell phones. In 2020, the company produced and sold 242,000 units with an investment of $5,230,000, requiring a 25% rate of return on investment. The full cost for each unit is $12.65. What is the selling price of each unit?

Reference no: EM132813903

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