A new product, an automated crepe maker, is being introduced at Laguna Corporation. At a...
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Accounting
A new product, an automated crepe maker, is being introduced at Laguna Corporation. At a selling price of $49 per unit, management projects sales of 89,000 units. Launching the crepe maker as a new product would require an investment of $370,000. The desired return on investment is 14%. The target cost per crepe maker is closest to:
A. $49.00
B. $56.80
C. $56.42
D. $48.42
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