Business, 29.07.2020 01:01 zmoore3793

Galaxy Corp. is considering opening a new division to make iToys that it expects to sell at a price of $15,250 each in the first year of the project. The company expects the cost of producing each iToy to be $6,700 in the first year; however, it expects the selling price and cost per iToy to increase by 3.00% each year. Based on the preceding information and rounding dollar amounts to the nearest whole dollars, the company expects the selling price in the fourth year of the project to be , and it expects the cost per unit in the fourth year of the project to be .

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Galaxy Corp. is considering opening a new division to make iToys that it expects to sell at a price...

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