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Corporation is considering introducing a new product, Product X. At a selling price of $24 per unit, management projects sales of 30,000 units. Product X

Corporation is considering introducing a new product, Product X. At a selling price of $24 per unit, management projects sales of 30,000 units. Product X would require an investment of $200,000. The desired return on investment is 12%.

Required: Show all work. Compute the target cost per unit of Product X.

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