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Sheffield Corp. plans to introduce a new product and is using the target cost approach. Projected sales revenue is $2275000 ( $7.00 per unit) and

Sheffield Corp. plans to introduce a new product and is using the target cost approach. Projected sales revenue is $2275000 ( $7.00 per unit) and target costs are $2015000. What is the desired profit per unit? $0.80$3.50$6.20 None of the above

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