The Management of Kozloff Corporation Is Considering Introducing a New

question 27

Multiple Choice

The management of Kozloff Corporation is considering introducing a new product--a compact barbecue.At a selling price of $74 per unit,management projects sales of 80,000 units.Launching the barbecue as a new product would require an investment of $800,000.The desired return on investment is 14%.The target cost per barbecue is closest to:

• A)$72.60
• B)$82.76
• C)$84.36
• D)$74.00

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