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2 Sids Skins makes a variety of covers for electronic organizers and portable music players. The companys designers have di
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Answer #1

Market price of cover = $ 26.00 per unit

desired operating profit = 25% of Costs

Market price = cost + profit

26 = cost + 0.25 of cost

1.25 cost = 26

Cost = 26 / 1.25

Cost =$ 20.8

Highest acceptable cost of the cover = $ 20.8

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