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Company Y uses a Cost-Plus strategy to set its product prices. $2,000,000 of capital are invested in Product S. Next year it is projected to
Company Y uses a "Cost-Plus" strategy to set its product prices. $2,000,000 of capital are invested in "Product S". Next year it is projected to make 20,000 units of "Product S" at a full product cost of $102 per unit. The company's desired ROI is 15%. To meet it's objectives, the price for "Product S" next year should be set at
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