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Everis Ltd. manufactures and sells mini laptops has faced tough competition from other manufacturers in the market. The market price of mini laptops with similar

Everis Ltd. manufactures and sells mini laptops has faced tough competition from other manufacturers in the market. The market price of mini laptops with similar specifications is $600. Assume Everis wants to make a profit of $120 on each mini laptop sold. What is the target cost for the mini laptop?

A.$720

B.$600

C.$360

D.$480

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