Multiple Choice
Wenner Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $44 per unit, management projects sales of 10,000 units. The new product would require an investment of $900,000. The desired return on investment is 10%.
-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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