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Venture Inc. wants to introduce a new product with a unit selling price of $25. The product will require an investment of $1,000,000, and the

Venture Inc. wants to introduce a new product with a unit selling price of $25. The product will require an investment of $1,000,000, and the company desires a 20% ROI. Projected sales are 50,000 units. Compute the target cost per unit.

$29

$20

$21

$23

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