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Rica Comany is a price taker and uses target pricing. Refer to following: Production volume 600,000 units per year Market price $30 per unit desired

Rica Comany is a price taker and uses target pricing. Refer to following:

Production volume 600,000 units per year

Market price $30 per unit

desired operating income 15% of total assets

Total assets $13,900,000

How much is the target full product cost per unit? Assume all units produced are sold.

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