Question: Pharoah, Inc. is using the target costing for target pricing approach for its new product. If its expected annual sales for this product are 203000

Pharoah, Inc. is using the target costing for target pricing approach

Pharoah, Inc. is using the target costing for target pricing approach for its new product. If its expected annual sales for this product are 203000 units, its total target cost is $142100, and its ROI is 10% on $507500 of invested assets, what is the expected selling price per unit? $0.70 $0.45 $0.95 $0.25

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