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Sheridan Company plans to introduce a new product and is using the target cost approach. Projected sales revenue is $1770000 ($6.00 per unit) and target costs are $1563500. What is the desired profit per unit
$0.70
$3.00
$5.30
None of the above
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economic value added eva is equal to ebit1 ndash t or nopat minus the dollar cost of all the firms investor-supplied
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