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A market research specialist told Peachtree Company that it could expect to sell 710,000 units of its new high-capacity computer disk at a price of
A market research specialist told Peachtree Company that it could expect to sell 710,000 units of its new high-capacity computer disk at a price of $35. Assuming the company desires a profit margin equal to 15% of sales, what target cost per unit is necessary?
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