Question
Sunland company plans to sell 21,000 units at a price of $52 per unit. The cost to bring the product to market, including design and
Sunland company plans to sell 21,000 units at a price of $52 per unit. The cost to bring the product to market, including design and development, is $910,000. The desired return on investment (ROI) is 23.07692%. Calculate the target cost per unit the company must achieve to ensure it attains its desired ROI. (Round answer to the nearest whole dollar, e.g. 15.)
| Target cost | $ | per unit |
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Accounting What the Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
12th edition
978-1260565492
