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are available in the market for $58. In order to penetrate the market, the company plans to use target pricing and desires a 22% net

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are available in the market for $58. In order to penetrate the market, the company plans to use target pricing and desires a 22% net profit markup on total cost. Calculate the target cost. {Round your answer to the nearest cent.) A) $?D.?B B) $12.?5 C} $4?.54 D} $45.24 Hint: Let target cost be X Target cost 2 Target sales price - Desired prot

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