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1. Sapphire Corporation, which is a company involved in detailing, has customers who would be willing to pay $55 per detail. The company requires a

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1. Sapphire Corporation, which is a company involved in detailing, has customers who would be willing to pay $55 per detail. The company requires a 70 percent markup on each job. The average job would cost $25. Sapphire uses markup pricing to set the price of each job. What is the price Sapphire Corporation should quote to a new customer? a- $71.50 b. $93.50 . $42.50 d. $38.50 s has designed a new product with a target cost of $58. It requires the new product to have a profit of 15 2. Alpha Telecommunication percent. What is the target price for the new product? a. $66.70 b. $68.24 C. $49.30 d. $56.66

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