Business, 26.10.2021 16:20 perezanthony2403

ummit Products, Incorporated is interested in producing and selling an improved widget. Market research indicates that customers would be willing to pay $70 for such a widget and that 30,000 units could be sold each year at this price. The current cost to produce the widget is estimated to be $50. If Summit Products requires a 10% return on sales to undertake production, what is the target cost for the new widget

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