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Coronado Industries plans to introduce a new product and is using the target cost approach. Projected sales revenue is $1200000 ($5.00 per unit) and

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Coronado Industries plans to introduce a new product and is using the target cost approach. Projected sales revenue is $1200000 ($5.00 per unit) and target costs are $1104000. What is the desired profit per unit? O $0.40 $2.50 O $4.60 O None of the above

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