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Crane Companywants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at $2 per 12 oz. bottle. The following data has been collected: Annual sales 60000 bottles Projected selling and administrative $9000 costs Desired profit $78000 The target cost per bottle is C$0.30. $0.70. $0.55. C$0.15. Save for Later Attempts: 0 of 1 used Submit