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9. 6 points The marketing department of ABC Systems has determined that there would be demand for a new product at or b a

9. 6 points The marketing department of ABC Systems has determined that there would be demand for a new product at or b a selling price of $500 per unit. The anticipated cost per unit is $340, and the company's desired profit is 50 percent. a. Calculate the target cost for this product. b. Based on your answer to a., what alternatives does the company have? Explain below.

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