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Pricing Issues Name Part A Stone Company is considering introducing a new line of pagers, targeting the preteen population. Stone believes that if the pagers
Pricing Issues Name Part A Stone Company is considering introducing a new line of pagers, targeting the preteen population. Stone believes that if the pagers can be priced competitively at $80, approximately 150,000 units can be sold. The controller has determined that an investment in new equipment totaling $8,400,000 will be required. Stone requires a minimum rate of return of 16% on all investments. Required: Compute the target cost per unit of the pager. Part B Joey's Recording Studierents studio time to musicians in 2 hour blocks. Each session
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