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6 (10 points) Bobby's Bongos is designing a new entry-level set of Bongo Drums. The company targets a 43% gross margin on its products. They
6 (10 points) Bobby's Bongos is designing a new entry-level set of Bongo Drums. The company targets a 43% gross margin on its products. They have estimated the cost of manufacturing the new entry-level Bongo Drum to be $92. If that is the case, what should the selling price be to generate the company's target gross margin? Your
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