Well water inc. wants to produce and sell a new flavored water in order to penetrate the market, the product will have to sell at 2.60 per 12 oz bottle the following data has been collected: Annual sales 50,000 bottles Projected selling and administrative costs 8,000 Desired profit 80,000 The target cost per bottle is _____ per bottle (2 decimal places)

Well water inc. wants to produce and sell a new flavored water in order to penetrate the market, the product will have to sell at 2.60 per 12 oz bottle the following data has been collected: Annual sales 50,000 bottles Projected selling and administrative costs 8,000 Desired profit 80,000 The target cost per bottle is _____ per bottle (2 decimal places)

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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