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16. Bond Co. is using the target cost approach on a new product. Information gathered so far reveals: Expected annual sales 400,000 units Desired profit
16. Bond 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?
Group of answer choices
$0.35
$0.42
$0.70
$0.77
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