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Walton Enterprises produces a product with fixed costs of $19,700 and variable cost of $4.50 per unit. The company desires to earn a $21,000 profit
Walton Enterprises produces a product with fixed costs of $19,700 and variable cost of $4.50 per unit. The company desires to earn a $21,000 profit and believes it can sell 11,000 units of the product.
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a.Based on this information, determine the target sales price
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