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Kissimee Corporation Manufactures a High-Performance Product

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Kissimee Corporation manufactures a high-performance product. It expects to produce and sell 50,000 of these products in the upcoming year. It has invested $15,000,000 to make these products and has a desired return on investment (ROI) of 20%. If the current market price for similar high-performance products is $500, what is Kissimee Corporation's target cost for the product?

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Target Cost Per Unit = $440, ROI per Uni...

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