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Pershing Company budgeted the costs shown in the table for the production of its one and only product, blades, for the next fiscal year. (Click
Pershing Company budgeted the costs shown in the table for the production of its one and only product, blades, for the next fiscal year. (Click the icon to view the table.) Pershing has a target profit of $150,000. What would be the target profit percentage for setting prices as a percentage of total costs? Round to the nearest whole number. A. 47% B. 21% C. 27% D. 61% E. 35%
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