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Argosy, Inc., uses target costing and will soon enter a very competitive marketplace in which it will have limited influence over the prices that are

Argosy, Inc., uses target costing and will soon enter a very competitive marketplace in which it will have limited influence over the prices that are charged.

Management and consultants are working to fine-tune the company's sole service, which hopefully will generate a 12% return (profit) on the firm's $24,000,000 asset investment.

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