Question: A cross-functional team at Lawn Systems is developing a new product using the target costing methodology. Product features in comparison to competing products suggest a

A cross-functional team at Lawn Systems is developing a new product using the target costing methodology. Product features in comparison to competing products suggest a price of $3,300 per unit. The company requires a profit of 28 percent of selling price.
What is the target cost per unit?
Target cost-
$ per unit

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