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Cellphones Plus is considering introducing a new fashion cover for its phones. Market research indicates that 200,000 units can be sold if the price is

Cellphones Plus is considering introducing a new fashion cover for its phones. Market research indicates that 200,000 units can be sold if the price is no more than $20. If Cellphones Plus decides to produce the covers, it will need to invest $1,000,000 in new production equipment. Cellphone Plus requires a minimum rate of return of 25% on all investments.

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Determine the target cost per unit.

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