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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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