Blond Co.is using the target cost approach on a new product.Information gathered so far reveals:
$\begin{array}{ll}
\text { Expected annual sales } & 400,000 \text { units } \
\text { Desired profit per unit } & \$ 0.35 \
\text { Target cost } & \$ 168,000
\end{array}$

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The Answer of Blond Co.is using the target cost approach on a new product.Information gathered so far reveals:
$\begin{array}{ll}
\text { Expected annual sales } & 400,000 \text { units } \
\text { Desired profit per unit } & \$ 0.35 \
\text { Target cost } & \$ 168,000
\end{array}$

Blond CoIs Using the Target Cost Approach on a New Product