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Innovative Designs, LLC has designed a prototype for a garage door opener that can be synced with the owner's cell phone. Annual sales estimates are

Innovative Designs, LLC has designed a prototype for a garage door opener that can be synced with the owner's cell phone. Annual sales estimates are 40,000 units and fixed costs (development, marketing, and fixed manufacturing costs) are anticipated to be $5,000,000. What is the target variable cost per unit if the anticipated sales price is $250 per unit and a profit of 20% is desired?

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