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Pedrotti Corporation would like to use target costing for a new product it is considering...

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Accounting

Pedrotti Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $28 per unit, management projects sales of 30,000 units. The new product would require an investment of $300,000. The desired return on investment is 17%. The target cost per unit is closest to: $32.76 $26.30 $28.00 $30.77

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