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The target cost per crepe maker is closest to

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A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $34 per unit, management projects sales of 74,000 units. Launching the crepe maker as a new product would require an investment of $220,000.

The desired return on investment is 11%. The target cost per crepe maker is closest to:

Reference no: EM132326221

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