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Jordan Enterprises produces a product with fixed costs of $22,000 and variable cost of $4.40 per unit. The company desires to earn a $22,000 profit

Jordan Enterprises produces a product with fixed costs of $22,000 and variable cost of $4.40 per unit. The company desires to earn a $22,000 profit and believes it can sell 11,000 units of the product.

Required a. Based on this information, determine the target sales price. (Round your answer to 2 decimal places.)

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