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Kreuze Company is in a competitive product market. The expected selling price is $240 per unit, and Kreuze Companys target profit is 20% of the

Kreuze Company is in a competitive product market. The expected selling price is $240 per unit, and Kreuze Companys target profit is 20% of the selling price. If Kreuze Company uses the target cost method, the highest cost per unit can be is $168. True or False?

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