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mework i Saved Turtle Inc. has developed a new and improved widget. The company plans...

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mework i Saved Turtle Inc. 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 $80. Turtle's goal is a 40 percent profit margin on the widget Required: 1. If current prototypes cost $49.50 to produce, will Turtle meet its profit goal? O No Yes 2. Calculate the target cost necessary for Turtle to earn 40 percent profit. Target Cost

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