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Required information [The following information applies to the questions displayed below! UR Safe Systems installs home security systems. Two of its systems, the ICU 100

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Required information [The following information applies to the questions displayed below! UR Safe Systems installs home security systems. Two of its systems, the ICU 100 and the ICU 900, have these characteristics Design Specifications Video Cameras video monitors Motion detectors Floodlights Alarms wiring Installation ICU 100 3 1 3 1 ICU 900 1 3 6 5 2 1.000 feet 24 hour Cost Data $10/ 49/ea 10/ca $4/ea 10/ca $ 0.1/feet 10/hour 60 feet 14 hour The ICU 100 sells for $830 installed, and the ICU 900 sells for $1.540 installed Required: 1 What are the current gross profit margin percentages on both systems? 2. UR Safe's management believes that it must drop the price on the ICU 100 to $770 and on the ICU 900 to 51.410 to remain competitive in the market. Recalculate gross profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current gross profit margin percentages (For all requirements, round your percentage answers to 2 decimal places (i.c. 1234 - 12.34%) and other answers to the nearest whole dollar amount.) Prey 4 15 Next > 4 Vinter les i detector / Alarm 30/ Wiring fet 1. 1. Thrallation 1 2 hour The ICU 100 sets for $800 installed, and the ICU 900 sets for $1540 installed Required: 1. What are the current gross profit margin percentages on both systems? 2 UR Safe's management believes that it must drop the price on the ICU 100 10 5770 and on the ICU 900 to $1410 to reman competitive in the market. Recalculate gross profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current gross profit margin percentages. For all requirements, round your percentage answers to 2 decimal places. 1234 12.34%) and other answers to the nearest whole dollar amount.) ICU 900 1 2 Current profes margin Profit margin ICU 100 12011 623 669 $ Target cost

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