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eBook Target Costing cost for the upcoming model year is estimated to be $ 1 9 , 5 0 0 and that Basic requires a

eBook

Target Costing

cost for the upcoming model year is estimated to be $

19, 500

and that Basic requires a

20 %

profit margin on selling price

(

which is equivalent to a

25 %

markup on total cost

) .

.

What price will Basic establish for the QuikCar for the upcoming model year?

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