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A company is planning a new product. Market research information suggests that the product should sell 20,000 units at $35.00/unit. The company seeks to make
A company is planning a new product. Market research information suggests that the product should sell 20,000 units at $35.00/unit. The company seeks to make a mark-up of 40% product cost. It is estimated that the lifetime costs of the product will be as follows: a. Research and development costs $50,000 b. Manufacturing costs $20/unit c. Decommissioning Costs $20,000 i. What is the Target Cost per unit? ii. What is the original lifecycle cost per unit
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