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21. A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of RM59 per unit, management projects sales

21. A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of RM59 per unit, management projects sales of 70,000 units. Launching the crepe maker as a new product would require an investment of RM500,000. The desired return on investment is 12%. The target cost per crepe maker is closest to: A. RM59.00 B. RM66.08 C. RM58.14 D. RM65.12

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