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Raju is in a competitive product market. The expected selling price is $70 per unit, and Raju's target profit is 20% of selling price.
Raju is in a competitive product market. The expected selling price is $70 per unit, and Raju's target profit is 20% of selling price. Using the target cost method, what is the highest Raju's cost per unit can be? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Target cost $ 64 80
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Managerial Accounting
Authors: Susan V. Crosson, Belverd E. Needles
8th Edition
9780618777174, 618777180, 618777172, 978-0618777181
