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The selling price of a product has been set at OMR 550 per unit, and at that price the company expects to sell 1,000 units

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The selling price of a product has been set at OMR 550 per unit, and at that price the company expects to sell 1,000 units per year. The company requires a return of 20% on its investment of OMR 250,000 in the product and the estimated production cost is OMR 600. What is the target cost per unit? a. OMR 500 o b. None of the given options O c. OMR 50 O d. OMR 100

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