Deimar Enterprises produces bicycles in a highly competitive market. During the pest yeer, the company has added a 20% markup on the $360 manufacturing cost for one of ts most popular models. A new compettor manufactures a smal has established a $410 selling price, and is seriously eroding Delmar's market share Management now desires to a a target-costing approach to remain competitive and is willing to accept a 10% return on sales target costing is used, which of the folowing choices conectly denotes the price that Delmar will charge end 2) company's target cost Selling Price A. $410 5410 5432 5432 Target Cost $309 $360 1300 E. Some other combination of selling price and target cost. MChoice O O O Chace A Chack Chace C C OE Delmar Enterprises produces bicycles in a highly competitive market. During the past year, the company has added a 20% markup on the $360 manufacturing cost for one of its most popular models. A new competitor manufactures a similar model, has established a $410 selling price, and is seriously eroding Delmar's market share. Management now desires to use a target-costing approach to remain competitive and is willing to accept a 10% return on sales. If target costing is used, which of the following choices correctly denotes (1) the price that Delmar will charge and (2) company's target cost? Selling Price Target Cost A. $410 B. $410 C. $432 D. $432 $369 $360 $369 $360 E. Some other combination of selling price and target cost. Multiple Choice Choice A Choice B O Choice C Choice D O Choice E