Vaughn Company plans to sell 9,500 units of a new product at a price of...
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Accounting
Vaughn Company plans to sell 9,500 units of a new product at a price of $33 per unit. The cost to bring the product to market, including design and development, is $150,000. The desired return on investment (ROI) is 12%. 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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