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js56154 js56154
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2 months ago
Blond Co. is using the target cost approach on a new product. Information gathered so far reveals:

Expected annual sales 400,000 units
Desired profit per unit $0.35
Target cost $168,000

What is the target selling price per unit?

▸ $0.42

▸ $0.70

▸ $0.77

▸ $0.35
Textbook 

Managerial Accounting


Edition: 4th
Author:
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mattyca001mattyca001
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2 months ago
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More solutions for this book are available here
$0.77

($168,000 ÷ 400,000) + $0.35 = $0.77
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js56154 Author
wrote...

2 months ago
This helped my grade so much Perfect
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Helped a lot
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