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Yak Yak Company is developing a new mobile phone, Fuji, for its communications product line. The company requires a 2 5 % profit. Fuji's current

Yak Yak Company is developing a new mobile phone, Fuji, for its communications product line. The company requires a 25% profit. Fuji's current design carries with it a total cost of $720.
A. What is the sales price of the Fuji phone using markup costing?
fill in the blank 1 of 1$
B. Assume that Yak Yak Company's marketing department has determined that consumers are willing to pay $1,120 for the Fuji phone. What is the target cost for this product?
fill in the blank 1 of 1$

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