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1) Answer all 5 parts of the following questions. Using the following data and the data in individual questions to answer these questions about a
1) Answer all 5 parts of the following questions. Using the following data and the data in individual questions to answer these questions about a product. Assume you are the marketing manager for a company.
Variable Costs = $35/unit
Fixed Costs = $450,000 per year
Expected Sales = 700,000 units per year
1-What is the target return price if the target return percentage is 15%? (1 pt.)
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