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Kramer Manufacturing is developing a new product. They have developed the following information. Estimated Sales Price - $24, Desired Profit - 50% of sales price.

Kramer Manufacturing is developing a new product. They have developed the following information. Estimated Sales Price - $24, Desired Profit - 50% of sales price. What is the maximum cost utilizing target costing? $18 $36 $24 $12

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