A manufacturer is developing a new board game geared towards children. To be competitive with other board games, the company has set a target price of $25 for the game. The company likes to maintain a target profit equal to 35 percent of the product's cost. Calculate the target cost of the product. I get TC = 18.52 by saying 1.35TC = $25 Why is this not correct? other answers I have gotten are 16.25 and 16.67 which one is correct and why