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Pharoah Manufacturing is introducing a new product with a unit selling price of $ 1 3 . 0 0 . The product required an investment

Pharoah Manufacturing is introducing a new product with a unit selling price of $13.00. The product required an investment of $450000, and the company requires a 20% ROI. Projected sales are 100000 units. Compute the target cost per unit.
$11.20
$12.10
$15.70
$14.80
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