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2.Twenty Technologies, currently sells 17 monitors for$280. It has costs of $220. A competitor is bringing a new 17 monitor to market that will sell

2.Twenty Technologies, currently sells 17" monitors for$280. It has costs of $220. A competitor is bringing a new 17" monitor to market that will sell for $230. Management believes it must lower the price to$230 to compete in the market for 17" monitors. Twenty Technologies believes that the new price will cause sales to increase by 10%, even with anew competitor in the market. Twenty Technologies' sales are currently 5100monitors per year. What is the target cost if the target operating income is25% of sales?

(2 Points)

$230.00

$210.00

$172.50

$165.00

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