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31.) Waterway Industries wants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at

31.) Waterway Industries wants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at $2per 12 oz. bottle. The following data has been collected:

Annual sales 50000bottles

Projected selling and administrative costs $8700

Desired profit $74000

The target cost per bottle is

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