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Answer the following question ( s ) using the information below. Frank's Computer Monitors Inc.. currently sells 1 7 monitors for $ 2 7

Answer the following question(s) using the information below.
Frank's Computer Monitors Inc.. currently sells 17" monitors for $270. It has costs of $210. A competitor is bringing a new 17" monitor to market that will sell for $225. Management believes it must lower the price to $225 to compete in the market for 17" monitors. Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in the market. Frank's sales are currently 10,000 monitors per year.
What is the target cost if operating income is 25% of sales?
Group of answer choices
$189.00
$202.50
$210.00
$168.75
$41.25

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