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Current Attempt in Progress Recently, Ivanhoe Corporation has decided to play a more-active role in the soda beverage industry. It is aware that the
Current Attempt in Progress Recently, Ivanhoe Corporation has decided to play a more-active role in the soda beverage industry. It is aware that the current market price for a can of soda is $2.00. Ivanhoe plans to sell 109000 cans of soda in its first year and would like to generate an ROI of 25% on its invested assets of $601680. Using the target costing for target pricing approach, what will Ivanhoe's target cost per unit be? O $3.4 $1.38 $0.62 $2.00
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