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A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $45 per unit, management projects sales of
A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $45 per unit, management projects sales of 85,000 units. Launching the crepe maker as a new product would require an investment of $330,000. The desired return on investment is 16%. The target cost per crepe maker is closest to: (Round your answer to 2 decimal places.) Multiple Choice $44.38 $52.42 $45.00 $52.80
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