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Rooney Enterprises produces a product with fixed costs of $ 4 3 , 8 0 0 and variable cost of $ 3 . 8 0

Rooney Enterprises produces a product with fixed costs of $43,800 and variable cost of $3.80 per unit. The company desires to earn a $21,000 profit and believes it can sell 12,000 units of the product.
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a. Based on this information, determine the target sales price.
Note: Round your answer to 2 decimal places.

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