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Exercise 15.33 Riverbed Company plans to sell 7,000 units of a new product at a price of $40 per unit. The cost to bring the
Exercise 15.33 Riverbed Company plans to sell 7,000 units of a new product at a price of $40 per unit. The cost to bring the product to market, including design and development, is $170,000. The desired return on investment (ROI) is 15% Calculate the target cost per unit the company must achieve to ensure it attains its desired ROI. (Round answer to 2 decimal places, e.g. 15.25.) Target cost per unit
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