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Question 1 . Assume that Cheyenne uses cost - plus pricing, setting the selling price 2 1 % above its costs. What would be the

Question 1.Assume that Cheyenne uses cost-plus pricing, setting the selling price 21% above its costs. What would be the price charged for the Performance swimsuit?
Question 2. Assume that Cheyenne uses target costing. What is the price that Cheyenne would charge the retailer for the Performance swimsuit?
Question 3. What is the highest acceptable manufacturing cost Cheyenne would be willing to incur to produce the Performance swimsuit, if it desired a profit of $21 per unit? (Assume target costing.)
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