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Question Content Area Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit.
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Question Content Area
Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit. Flyer's management desires a 12.5% profit margin on sales. Its current full cost for the product is $44 per unit.
What is the desired profit per unit?
a.$5
b.$8
c.$6
d.$4
Question Content Area
Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit. Flyer's management desires a 12.5% profit margin on sales. Its current full cost for the product is $44 per unit.
What is the desired profit per unit?
a.$5
b.$8
c.$6
d.$4
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