Multiple Choice
The management of Jahns Corporation is considering introducing a new product-a compact barbecue. At a selling price of $59 per unit, management projects sales of 30,000 units. Launching the barbecue as a new product would require an investment of $500,000. The desired return on investment is 19%. The target cost per barbecue is closest to:
A) $66.44
B) $59.00
C) $70.21
D) $55.83
Correct Answer:
Verified
Correct Answer:
Verified
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