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What the target selling price for product t would be

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Reference no: EM132795801

Simmons Company estimated that the following costs and activity would be associated with Product T:

Number of units sold annually 80,000

Required investment $900,000

Unit product cost $35

Total annual selling, general, and administrative expenses $600,000

problem 1: If the company uses the absorption approach to cost-plus pricing and desires a 20% ROI, the target selling price for Product T would be:

Reference no: EM132795801

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