Question: 77. Based on potential sales of 500 units per year, a new product has estimated traceable costs of $990,000. What is the target price to

77. Based on potential sales of 500 units per year, a new product has estimated traceable costs of $990,000. What is the target price to obtain a 15% profit margin on sales?

a. $2,329

b. $2,277

c. $1,980

d. $1,935

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