(b) EKI Enterprise would like to use target costing for a new product that is...
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Accounting
(b) EKI Enterprise would like to use target costing for a new product that is under consideration. At a selling price of RM84 per unit, management estimates sales of 40,000 units. The new product would require an investment of RM400,000. The desired return on investment is 11%. Required:
Determine the target cost per unit for the new product.
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