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Business, 05.10.2019 01:20 kyleap984ovm04g
Majesty company uses target costing to ensure that its products are profitable. assume majesty is planning to introduce a new product with the following estimates: estimated market price $ 1,400 annual demand 80,000 units life cycle 5 years target profit 22 % return on sales required: 1. compute the target cost of this product. 2. compute the target cost if majesty wants a 45 percent return on sales. 3. compute the target cost if majesty wants a 7 percent return on sales.
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Majesty company uses target costing to ensure that its products are profitable. assume majesty is pl...
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