Question
PetBeds sell for $180each.Debraestimates the gross margin at $60. After working with production engineers and the marketing research team,Debrahas designed a bed that she believes
PetBeds sell for $180each.Debraestimates the gross margin at $60. After working with production engineers and the marketing research team,Debrahas designed a bed that she believes the new market segment will purchase $450for. The production engineers and accountants believe it will cost about $180to make.
IfCullumberDesigns wants to preserve the existing gross margin percentage, what is the target cost at a market price of $204?(Round answer to 0 decimal places, e.g. 25,000.
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Accounting Information Systems
Authors: Marshall RomneyPaul Steinbart
11th Edition
136015182, 978-0136015185
