Crane Company wants to produce and sell a new flavored water. In order to penetrate...
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Accounting
Crane Company wants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at $2 per 12 oz. bottle. The following data has been collected:
Annual sales
48000 bottles
Projected selling and administrative costs
$8000
Desired profit
$60000
The target cost per bottle is
$0.17.
$0.58.
$0.25.
$0.75.
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