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Samples Corporation would like to use target costing for a new product it is considering...

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Accounting

Samples Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $21 per unit, management projects sales of 20,000 units. The new product would require an investment of $400,000. The desired return on investment is 12%. The desired profit according to the target costing calculations is:

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