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XYZ Corporation would like to introduce a new electronic watch. To compete effectively, the watch could not be priced at more than S75. The company
XYZ Corporation would like to introduce a new electronic watch. To compete effectively, the watch could not be priced at more than S75. The company requires a retum on investment of 18% on all new products. The plan is to produce and sell 20,000 watches each year. This would require a S800,000 investment.
calculate target cost per watch
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