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    Financial and Managerial Accounting
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    Exam 19: Cost Management Systems: Activity-Based, just-In-Time, and Quality Management Systems
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    Flasket,Inc
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Flasket,Inc

Question 88

Question 88

Multiple Choice

Flasket,Inc.manufactures water bottles for children.Similar water bottles are available in the market for $14.Flasket desires a 30% net profit margin.Flasket's target cost is ________.(Round your answer to the nearest cent.)


A) $9.80
B) $18.20
C) $14.00
D) $4.20

Correct Answer:

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