Pauws pots is considering the production of a new line of, Ask an Expert

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Pauw's Pots is considering the production of a new line of pottery. Based on preliminary market research, management has decided that each pot should be priced at $60. Furthermore, management believes that the profit margin should be 40 percent of sales revenue. What is the target cost?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9415896

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