Management of Fabiano Corporation is considering a new product,an outdoor speaker that would have a selling price of $43 per unit and projected sales of 20,000 units.Launching the new product would require an investment of $600,000.The desired return on investment is 14%.
Required:
Determine the target cost per unit for the outdoor speaker.

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The Answer of Management of Fabiano Corporation is considering a new product,an outdoor speaker that would have a selling price of $43 per unit and projected sales of 20,000 units.Launching the new product would require an investment of $600,000.The desired return on investment is 14%.
Required:
Determine the target cost per unit for the outdoor speaker.

Management of Fabiano Corporation Is Considering a New Product,an Outdoor