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A market research specialist told Peachtree Company that it could expect to sell 660,000 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 660,000 units of its new high-capacity computer disk at a price of $25. Assuming the company desires a profit margin equal to 25% of sales, what target cost per unit is necessary?
$18.75
$25.00
$6.25
None of these
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