Essay
Summer Splash wants to produce and sell a new fruit-flavored soda. To enter the market, the soda will have to sell at $1.75 per 12 oz. can. The data below has been collected. 
a. What is the target cost per can of soda?
b. If expected annual sales were to decrease from 50,000 to 48,000 cans, what would the new target cost be?
Correct Answer:
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a. $0.55 per unit; Desired profit ÷ Expe...View Answer
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