Multiple Choice
Flyer Company sells a product in a competitive marketplace. Market analysis indicates that their product would probably sell at $48 per unit. Flyer management desires a 12.5% profit margin on sales. Their current full cost per unit for the product is $44 per unit. What is the target cost of the company's product?
A) $44
B) $42
C) $43
D) $40
Correct Answer:
Verified
Correct Answer:
Verified
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