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Brief Exercise 146 Home Appliances Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is

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Brief Exercise 146 Home Appliances Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is $85. The required investment is $3,500,000. Unit sales are expected to be 300,000 and the minimum required rate of return on all investments is 15%. Compute the tarpet cost per iron. (Round answer to 2 decimal places, e.g. 52.75.) Target cost per iron K TO TEXT

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