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A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $51 per unit, management projects sales of

A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $51 per unit, management projects sales of 91,000 units. Launching the crepe maker as a new product would require an investment of $390,000. The desired return on investment is 11%. The target cost per crepe maker is closest to: (Round your answer to 2 decimal places.) Multiple Choice $51.00 $58.42 $50.53 $58.80

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