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Concord Corporation is using the target cost approach on a new product. Information gathered so far reveals: Expected annual sales Desired profit per unit Target

Concord Corporation is using the target cost approach on a new product. Information gathered so far reveals: Expected annual sales Desired profit per unit Target cost 450000 units $0.35 $153000 What is the target selling price per unit? $0.35 $0.69 $0.34 $0.70

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