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Bluebird Company wants to introduce a new product with a unit selling price of $24. Bluebird expects sales of 40,000 units. The product will require

Bluebird Company wants to introduce a new product with a unit selling price of $24. Bluebird expects sales of 40,000 units. The product will require an investment of $2,800,000 and the company desires a 20% return on this investment. What is the target cost per unit?

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