Question: Treason Solutions is considering using the target costing method to determine a selling price for one of its new products. An analysis of similar products

Treason Solutions is considering using the target costing method to determine a selling price for one of its new products. An analysis of similar products on the market suggests a price of $150 each. If the company requires a profit of $82 per unit, what target cost should be set for the new product?

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