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Concord Corporation needs to set a target price for its newly designed product M14M16. The following data relate to this new product. These costs are

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Concord Corporation needs to set a target price for its newly designed product M14M16. The following data relate to this new product. These costs are based on a budgeted volume of 91,200 units produced and sold each year. Concord uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the desired ROI per unit for M14-M16

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