Question: A new product is being designed by an engineering team at Golem security. Several managers and employees from the cost accounting department and marketing department

A new product is being designed by an engineering team at Golem security. Several managers and employees from the cost accounting department and marketing department are also on a team to evaluate the product and determine the cost using a target costing methodology. An analysis of similar products on the market suggests a price of $122.00 per unit. The company requires a profits of 0.29 of selling price. How much is the target cost per unit?

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