Solved: The target price of the calculator is 75 calcutron has a 15, Accounting Basics

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The target price of the calculator is 75 calcutron has a 15

Question - Calcutron company is contemplating introducing a new type of calculator to complement its existing line of scientific calculators. The target price of the calculator is $75; annual sales volume of the new calculator is expected to be 5000,000 units. Calcutron has a 15% return-on-sales target. Compute the unit target cost per calculator.

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Accounting Basics: The target price of the calculator is 75 calcutron has a 15

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