Stark Company sells a product at $400. Its current product cost is $300. A new market...
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Stark Company sells a product at $400. Its current product cost is $300. A new market study reveals that customers are only willing to pay $350. To achieve a target operating income of 23%, how much is the target cost, if the market-based pricing approach is adopted? $308 $262.5 $250 $269.5 $92 Stark Company sells a product at $400. Its current product cost is $300. A new market study reveals that customers are only willing to pay $350. To achieve a target operating income of 23%, how much is the target cost, if the market-based pricing approach is adopted? $308 $262.5 $250 $269.5 $92
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