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9. 4 Parts Elm Corp. makes two products: C and D. The following data have been summarized: (Click the icon to view the data.) Elm
9. 4 Parts
Elm Corp. makes two products: C and D. The following data have been summarized: (Click the icon to view the data.) Elm Corp. desires a 22% target gross profit after covering all product costs. Considering the total product costs assigned to the Products C and D, what would Elm have to charge the customer to achieve that gross profit? Round to two decimal places. Begin by selecting the formula to compute the amount that the company should charge for each product. Data table Step by Step Solution
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