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Vernon Enterprises produces a product with fixed costs of $29,000 and variable cost of $4.30 per unit. The company desires to earn a $25,000 profit
Vernon Enterprises produces a product with fixed costs of $29,000 and variable cost of $4.30 per unit. The company desires to earn a $25,000 profit and believes it can sell 10,000 units of the product. Required a. Based on this information, determine the target sales price. (Round your answer to 2 decimal places.) Target sales price per unit
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