XYZ Corporation would like to introduce a new electronic watch. To compete effectively, the watch could not be priced at more than S75. The company requires a return on investment of 18% on all new products. The plan is to produce and sell 20,000 watches each year. This would require a S800,000 investment.

calculate target cost per watch

Answer rating: 100% (QA)

target cost per watch 678 Calculated as Require investment ... View the full answer