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Target costing Justin Allen, a product engineer for LOso Gaming, is designing a new electronic game. Market research indicates that gamers will pay $27 for

Target costing Justin Allen, a product engineer for LOso Gaming, is designing a new electronic game. Market research indicates that gamers will pay $27 for the game.

a. If LOso desires a 140% markup on production costs, what is the target cost for the new game?

b. Justin believes it will cost $12 per unit to produce the new game. What actions should he take next?

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