$Sams Sport makes several lines of tennis racquets. Recently, Sam decided to carry an entire line of graphite racquets. He has done his competitive analysis and found that his compitotrs products sell for between $ 65 and 129 $ per racquets. He wants to manufacture a racquet that will sell 100$. Current materials estimates are $50 , labor $28 and overhead $25 for a similar high performance racquet in Sams line.

If Sam wants to make 20% profit on the racquet, what is his target cost?

Given existing estimates, what us Sams current cost gap?

Cost accounting