cyndi is considering the production of a new line of dresses. based on preliminary market research, management has decided that each dress should be priced at $250. furthermore, management believes that the profit margin should be 20 percent of sales revenue. what is the target cost?

Question

01-12-2022
Business

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cyndi is considering the production of a new line of dresses. based on preliminary market research, management has decided that each dress should be priced at $250. furthermore, management believes that the profit margin should be 20 percent of sales revenue. what is the target cost?

Sagot :

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