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8-2.1 Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result, market research and competitive pressures influence the determination
8-2.1 Columbus Inc. sells a high end hair dryer in a super competitive marketplace. As a result, market research and competitive pressures influence the determination of their selling price. Their marketing department has done a comprehensive analysis and It looks like a price of $52 would be appropriate given the present business environment. The company has a goal of earning $32 on each unit. What is the target unit cost of each hair dryer? 3 pounds of raw material are required to make 1 finished unit. The company desires an ending raw materials inventory for each month equal to 30% of the following months production (in units of raw material). How many pounds of raw material should be purchased in May? ..hala nuimher Don't round any intermediate
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