Multiple Choice
The management of Rademacher Corporation is considering introducing a new product--a compact lawn blower. At a selling price of $24 per unit, management projects sales of 30,000 units. The lawn blower would require an investment of $200,000. The desired return on investment is 12%.The target cost per lawn blower is closest to:
A) $24.00
B) $23.20
C) $26.88
D) $25.98
Correct Answer:
Verified
Correct Answer:
Verified
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