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Blossom Company has a new product with a projected selling price of $6.01 each. It...

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Accounting

Blossom Company has a new product with a projected selling price of $6.01 each. It estimates that it could sell 101000 units annually. Variable costs are expected to be $2.76. Blossom anticipates a profit of $2.53 per unit. The target cost for the product is:
$0.72.
$6.01.
$5.29.
$3.48.
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