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Posted on Jun 27, 2024

The selling price of Product X is set at $660 for each unit and sales for the coming year are expected to be 960 units.

A return of 36% on the investment of $600,000 in Product X will be required in the coming year.

What is the target cost for each unit of Product X?

A) $462.00

B) $198.00

C) $225.00

D) $435.00

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