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x Your answer is incorrect. Try again. Cheyenne Company plans to sell 4,500 units of a new product at a price of $45 per unit.
x Your answer is incorrect. Try again. Cheyenne Company plans to sell 4,500 units of a new product at a price of $45 per unit. The cost to bring the product to market, including design and development, is $155,000. The desired return on investment (ROI) is 12%. Calculate the target cost per unit the company must achieve to ensure it attains its desired ROI. (Round answer to 2 decimal places, e.g. 15.25.) Target cost 1,364 per unit
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