Solved: The product is currently earning a profit of 100 per unit, Accounting Basics

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The product is currently earning a profit of 100 per unit

Question - JN Corporation sells a product for $600 per unit. The marketing manager believes that the market share can be increased to 30 percent with a reduction in price to $575. The product is currently earning a profit of $100 per unit. The president believes that the $100 profit per unit must be maintained.

Calculate the target cost per unit?

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Accounting Basics: The product is currently earning a profit of 100 per unit

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