Question: Current Attempt in Progress Maize Water is considering introducing a water filtration device for its 20-ounce water bottles. Market research indicates that 1,000,000 units can

 Current Attempt in Progress Maize Water is considering introducing a water
filtration device for its 20-ounce water bottles. Market research indicates that 1,000,000

Current Attempt in Progress Maize Water is considering introducing a water filtration device for its 20-ounce water bottles. Market research indicates that 1,000,000 units can be sold if the price is no more than $3. If Maize Water decides to produce the filters, it will need to invest $2,000,000 in new production equipment. Maize Water requires a minimum rate of return of 18% on all investments. Determine the target cost per unit for the filter. (Round answer to 2 decimal places, e.g. 10.50.) Target cost per unit $ Bramble Company provides the following information for the new product it recently introduced, $3.50 Total unit cost Desired ROI per unit Target selling price $0.70 $1.70 What is Bramble Company's percentage markup on cost? 30% 10% 20% 35% Save for Later Attempts: 0 of 2 used Submit

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