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The estimated selling price of a product is $200 and management wants to profit margin of 20%. Management has budgeted the following costs: Direct material

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The estimated selling price of a product is $200 and management wants to profit margin of 20%. Management has budgeted the following costs: Direct material $60, direct labour $35, direct expenses $56, overheads $40. Calculate the target gap. a. $40.00 b. $191.00 C. $160.00 d. $31.00

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