A market research specialist told Peachtree Company that it could expect to sell 500,000 units of its new high-capacity computer disk at a price of $5. Assuming the company desires a profit margin equal to 20% of sales, what target cost per unit is necessary?

A). $1.00rn
B). $4.00rn
C). $3.00rn
D). None of these

Answer rating: 100% (QA)

Answer Target unit cost 4 Solution Profit sales reven... View the full answer