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Caitlin's Caffeine Castle is investigating the feasibility of adding a new espresso maker to its line-up of products. The marketing department believes that 15,000 units
Caitlin's Caffeine Castle is investigating the feasibility of adding a new espresso maker to its line-up of products. The marketing department believes that 15,000 units can be sold at $150 each. Caitlin's requires a 30% profit margin (i.e. cost is 70% of selling price) on all products. To achieve its goal, Caitlin's must keep total costs equal to or below: A. $1,575,000 B. $900,000 C. $675,000 D. $945,000
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