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Bouchard Company manufactures a product that currently has a full cost of $500. Its target operating income per unit is $60 and? management's budgets assume

Bouchard Company manufactures a product that currently has a full cost of $500. Its target operating income per unit is $60 and? management's budgets assume that same target operating income per unit for the foreseeable future. To stay? competitive, Bouchard management believes it must cut its price by 15?%. What will be its new target? cost

$500

$416

$60

$476

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