Question
A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $34 per unit, management projects sales of
A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $34 per unit, management projects sales of 74,000 units. Launching the crepe maker as a new product would require an investment of $220,000. The desired return on investment is 11%. The target cost per crepe maker is closest to:
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
