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A company has determined that the market price for its product should be $90. The current cost to manufacture and distribute the product is $82,

A company has determined that the market price for its product should be $90. The current cost to manufacture and distribute the product is $82, and Franklin has a target profit of 15% of sales. What is the company's target cost?

$82.00

$90.00

$13.50

$76.50

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