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Red Grass Company produces high definition television sets. The following information is available for this product: Fixed cost per unit $250 Variable cost per unit
Red Grass Company produces high definition television sets. The following information is available for this product:
Fixed cost per unit $250
Variable cost per unit $750
Total cost per unit $1,000
Desired ROI per unit 30 %
The target selling price for this television is
Group of answer choices
$550.
$1,000.
$1,050.
$1,300.
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