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Beta Company manufactures laptops and is designing a new model that has very advanced features, which Beta hopes consumers will view as high - end

Beta Company manufactures laptops and is designing a new model that has very advanced features, which
Beta hopes consumers will view as high-end features. The new laptop has a target price of $800.
Management requires a 25% profit on new product revenues. Calculate the target cost of the laptop.
a. $200
b. $600
C. $1,000
d. $800
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