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Target cost

Ppinkyjovin1236y ago
Hi sir, Please help me with this solution to get the answer 450 The selling price of product K is set at $450 for each unit and the Co requires a return of 20% from the product. What is the target cost for each unit for the coming year?
John MoffatJohn MoffatTutor6y ago#1
The answer cannot possibly be $450. You have either mistyped the question or there is a mistake in the answer in your book.
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