Homework Answers
Target selling price per unit = $12.50
Target net profit margin = 10%
Target net profit = target selling price per unit x Target net profit margin
= 12.50 x 10%
= $1.25
| Target selling price per unit | - | Target net profit | = | Target cost |
| 12.50 | - | 1.25 | = | $11.25 |
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