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Knox Company has a new product with a projected selling price of $6.00 each. It estimates that it could sell 100,000 units annually. Variable costs

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Knox Company has a new product with a projected selling price of $6.00 each. It estimates that it could sell 100,000 units annually. Variable costs are expected to be $2.75. Knox anticipates a profit of $2.50 per unit. The target cost for the product is $5.25 O $6.00 $.75. O $3.50

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