Multiple Choice
Pedrotti Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $28 per unit, management projects sales of 30,000 units. The new product would require an investment of $300,000. The desired return on investment is 17%. The target cost per unit is closest to:
A) $32.76
B) $26.30
C) $28.00
D) $30.77
Correct Answer:

Verified
Correct Answer:
Verified
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