Question
Whispering company plans to sell 29,000 units at a price of $62 per unit. The cost to bring the product to market, including design and
Whispering company plans to sell 29,000 units at a price of $62 per unit. The cost to bring the product to market, including design and development, is $900,000. The desired return on investment (ROI) is 32.22222%. Calculate the target cost per unit the company must achieve to ensure it attains its desired ROI. (Round answer to the nearest whole dollar, e.g. 15.)
| Target cost | $ | per unit |
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International Financial Reporting Standards
Authors: Ken Leo, Keith Alfredson, Paul Pacter, Jennie Radford, Ruth Picker
1st Enhanced Edition
0470808233, 9780470808238
