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

Bond Co. is using the target cost approach on a new product. Information gathered so farreveals:

Expected annual sales 400,000 units

Desired profit per unit $0.35

Target cost $168,000

What is the target selling price per unit?

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