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Thornton Enterprises produces a product with fixed costs of $37,600 and variable cost of $3.30 per unit. The company desires to earn a $24,000


 

Thornton Enterprises produces a product with fixed costs of $37,600 and variable cost of $3.30 per unit. The company desires to earn a $24,000 profit and believes it can sell 11,000 units of the product. Required a. Based on this information, determine the target sales price. Note: Round your answer to 2 decimal places. Target sales price per unit

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