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Coronado Industries is using the target cost approach on a new product. Information gathered so far is as follows: Expected annual sales 300000 units Desired

Coronado Industries is using the target cost approach on a new product. Information gathered so far is as follows: Expected annual sales 300000 units Desired profit per unit $0.34 Target cost $150000 What is the unit selling price? $0.34 $0.50 $0.68 $0.84

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