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Crane Company plans to sell 6,000 units of a new product at a price of...

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Accounting

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Crane Company plans to sell 6,000 units of a new product at a price of $44 per unit. The cost to bring the product to market, including design and development, is $165,000. The desired return on investment (ROI) is 15%. 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 per unit

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