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Question on image Eastern Company just completed building new production facilities at an investment of s825,000. The firm budgeted the following costs for the production
Question on image
Eastern Company just completed building new production facilities at an investment of s825,000. The firm budgeted the following costs for the production of 20,000 units of its one and only product, for its first fiscal year: The firm requires a profit equal to 10% on its investment. Required: - The company uses the "full cost plus target return on investment" approach to pricing its product. Calculate the firm's target selling price per unitStep by Step Solution
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