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22)Quandary Products has a new product going on the market next year. The following data are projections for production and sales: Variable costs $200,000 Fixed
22)Quandary Products has a new product going on the market next year. The following data are projections for production and sales:
Variable costs $200,000
Fixed costs $500,000
ROI 15%
Investment $2,500,000
Sales 150,000 units
What is the target selling price per unit?
$4.90
$2.50
$4.67
$7.17
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