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19. ABC Limited's management is currently seeking to implement a target costing system. An analysis by the marketing consultant revealed the following: Target selling

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19. ABC Limited's management is currently seeking to implement a target costing system. An analysis by the marketing consultant revealed the following: Target selling price $200 Target profit margin 20% Projected cost $190 Sales volume (units) 150,000 Required: 19. Determine the cost of the product from the options below based on life-cycle costing:

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