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Alway Candy Corporation is implementing a target costing approach for its latest new product, the Big Glob candy bar. The following information relates to the
Alway Candy Corporation is implementing a target costing approach for its latest new product, the "Big Glob" candy bar. The following information relates to the Big Glob:
Target cost per candy bar $ 0.50
Expected annual sales (in units) of candy bars 50,000
Required investment in additional assets $ 120,000
Desired return on investment 20 %
Based on this information, what is Alway's target selling price per bar for the Big Glob?
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Environmental Auditing Fundamentals And Techniques
Authors: J. Ladd Greeno
2nd Edition
091509410X, 978-0915094103
