What is the desired profit per suit


Question: Aloha Swimwear plans to introduce a new performance suit designed for surfing and is using the target costing approach. Projected sales revenue is $4,800,000 ($120 per suit), and target costs are $2,600,000. What is the desired profit per suit? Select answer from the options below $65 $40 $60 $55

 

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Accounting Basics: What is the desired profit per suit
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