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QUESTION - 7 The selling price of a product has been set at $300 per unit, and at that price the company expects to sell

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QUESTION - 7 The selling price of a product has been set at $300 per unit, and at that price the company expects to sell 1,000 units per year. The company requires a return of 20% p.a. on its investment of $1,250,000 in the product. What is the target cost per unit

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