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(The following information applies to the questions displayed below.) DIY Protect Inc. is a company that assists customers in the installation of home security systems.

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(The following information applies to the questions displayed below.) DIY Protect Inc. is a company that assists customers in the installation of home security systems. See below for the characteristics of two of DIY Protect Inc's systems, the ICU 100 and the ICU 900: Design Specifications Video Cameras Video monitors Motion detectors Floodlights Alarms Wiring Installation ICU 100 1 1 6 8 1 610 ft. 13 hr ICU 900 4 1 2 3 7 1,010 ft. 13 hr Cost Data $ 114/ea $ 26/ea $ 18/ea $ 8/ea $ 13/ea $ 0.1/ft. $ 15/hr 1.40 The ICU 100 sells for $900 installed, and the ICU 900 sells for $1,610 installed. Required: 1. What are the current profit margin percentages on both systems? 2. DIY Protect Inc.'s management believes that it must drop the price on the ICU 100 to $840 and on the ICU 900 to $1,480 to remain competitive in the market. Recalculate profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current profit margin percentages. (For all requirements, round your percentage answers to 2 decimal places and other answers to the nearest whole dollar amount.) ICU 900 ICU 100 % % 1. % % 2. Current profit margin Profit margin Target cost Activate Windows to Settings to activate Wind

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