Question: Shimada products corporation of japan plans to introduce a new electronic component to the market at a target selling price of $12 per unit. The
Shimada products corporation of japan plans to introduce a new electronic component to the market at a target selling price of $12 per unit. The company is investing $62,000 to purchase the equipment it needs to produce and a unit target cost of $11.43. Its required rate of return on all investments is 22%.
Required:
Compute the units the company must sell. (Round your answer to the nearest whole number.)
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