Classify Company has a product that its sales department believes can be sold for $40 each.Classify requires that all new products yield 20% profit.What is the target cost of the new product?
A)$4.00
B)$25.50
C)$26.00
D)$32.00

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The Answer of Classify Company has a product that its sales department believes can be sold for $40 each.Classify requires that all new products yield 20% profit.What is the target cost of the new product?
A)$4.00
B)$25.50
C)$26.00
D)$32.00

Classify Company Has a Product That Its Sales Department Believes