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Phil Swift is trying to figure out how much to charge for a can of Flex Seal, a product he has invested $720,000 to create.

Phil Swift is trying to figure out how much to charge for a can of Flex Seal, a product he has invested $720,000 to create. He anticipates selling 120,000 cans, and wants a 20% return on his investment. Variable costs are $8 per can, while fixed costs total $330,000. What is Phil Swift's target selling price if he is using cost-plus pricing

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