Justin allen a product engineer for lrsquooso gaming is, Ask an Expert

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Justin Allen, a product engineer for L’Oso Gaming, is designing a new electronic game. Market research indicates that gamers will pay $36 for the game.

(a) If L’Oso desires a 60% markup on production costs, what is the target cost for the new game? (Round answer to 2 decimal places, e.g. 0.38.)

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