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What is the target cost

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Question - Sheltar's TV currently sells small televisions for? $180. It has costs of? $140. A competitor is bringing a new small television to market that will sell for?$150. Management believes it must lower the price to? $150 to compete in the market for small televisions. Marketing believes that the new price will cause sales to increase by? 10%, even with a new competitor in the market.? Sheltar's sales are currently? 100,000 televisions per year. What is the target cost if target operating income is? 25% of? sales?

Reference no: EM132936416

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