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Turtle Incorporated has developed a new and improved widget. The company plans to sell the product through an existing website. Turtle's marketing department believes
Turtle Incorporated has developed a new and improved widget. The company plans to sell the product through an existing website. Turtle's marketing department believes the product will sell for $60. Turtle's goal is a 45 percent profit margin on the widget. Required: 1. If current prototypes cost $40.50 to produce, will Turtle meet its profit goal? 2. Calculate the target cost necessary for Turtle to earn 45 percent profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 If current prototypes cost $40.5 to produce, will Turtle meet its profit goal? ONO Yes Required 1 Required 2 > Turtle Incorporated has developed a new and improved widget. The company plans to sell the product through an existing website. Turtle's marketing department believes the product will sell for $60. Turtle's goal is a 45 percent profit margin on the widget. Required: 1. If current prototypes cost $40.50 to produce, will Turtle meet its profit goal? 2. Calculate the target cost necessary for Turtle to earn 45 percent profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the target cost necessary for Turtle to earn 45 percent profit. Target Cost
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