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Hulston Appliances Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is $68. The required

Hulston Appliances Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is $68. The required investment is $126,000. Unit sales are expected to be 12,600 and the minimum required rate of return on all investments is 20%. Compute the target cost per iron.

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