Question: Question 3: (10 marks) (B1, C1) Part A: (4 marks) The selling price of Product Y is set at $1,200 for each unit and sales
Question 3: (10 marks) (B1, C1) Part A: (4 marks) The selling price of Product Y is set at $1,200 for each unit and sales for the coming year are expected to be 1,000 units. A return of 40% on the investment of $800,000 in Product Y will be required in the coming year. What is the target cost for each unit of Product Y
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