Question: Bond Co. is using the target cost approach on a new product. Information gathered so far reveals: Expected annual sales 400,000 units Desired profit per

Bond Co. is using the target cost approach on a new

Bond Co. is using the target cost approach on a new product. Information gathered so far reveals: Expected annual sales 400,000 units Desired profit per unit $0.35 Target cost $168,000 What is the target selling price per unit? Select one: O a. $0.77 O b. $0.35 Oc. $0.42 O d. $0.70

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