A company plans to sell 20,000 units at a price of $60 per unit. The cost to

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A company plans to sell 20,000 units at a price of $60 per unit. The cost to bring the product to market, including design and development, is $900,000. The desired return on investment (ROI) is 22.22222%.
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Calculate the target cost per unit the company must achieve to ensure it attains its desired ROI?
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Related Book For  answer-question

Cost Management Measuring Monitoring And Motivating Performance

ISBN: 9781118168875

2nd Canadian Edition

Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook

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