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Bramble Cheese Company has developed a new cheese slicer called Slim Slicer. The company plans to sell this slicer through its online website. Given market
Bramble Cheese Company has developed a new cheese slicer called Slim Slicer. The company plans to sell this slicer through its online website. Given market research, Bramble believes that it can charge 540 for the Slim Slicer. Prototypes of the Slim Slicer, however, are costing 543. By using cheaper materials and gaining efficiencies in mass production, Bramble believes itcan reduce Slim Slicer's cost substantially. Bramble wishes to eare a return of 40% of the selling price. (a) Compute the target cost for the Slim Slicer. Target cost s
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