The product design team at new time products is in the, Ask an Expert

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The product design team at New Time Products is in the process of designing a new clock using target costing. Product features in comparison to competing prodcuts suggest a price of $30 per unit. The company requires a profit of 30 percent of selling price.

What is the target cost per clock?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9411126

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