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Calculate the amount of desired profit

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Problem - Yuhu manufactures cell phones and is developing a new model with a feature (aptly named Don't Drink and Dial) that prevents the phone from dialing an owner-defined list of phone numbers between the hours of midnight and 6:00 a.m. The new phone model has a target price of $380. Management requires a 25% profit on new product revenues.

Required -

Calculate the amount of desired profit.

Calculate the target cost.

Reference no: EM132700336

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