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Question A10 Freda Ltd is launching a new product and plans to use a target costing approach. Freda have assessed the market place and arrived

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Question A10 Freda Ltd is launching a new product and plans to use a target costing approach. Freda have assessed the market place and arrived at a target selling price for the product of 230. The company require a profit margin of 25%. The development department of the company are currently able to manufacture each unit of the new product for 180. What is the current cost gap for Freda Ltd.'s new product

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