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Required information Skip to question The following information applies to the questions displayed below. UR Safe Systems installs home security systems. Two of its systems, the ICU and the ICU have these characteristics: Design Specifications ICU ICU Cost Data Video cameras $ ea Video monitors $ ea Motion detectors $ ea Floodlights $ ea Alarms $ ea Wiring feet feet $ feet Installation hour hour $ hour The ICU sells for $ installed, and the ICU sells for $ installed. Required: What are the current gross profit margin percentages on both systems? UR Safes management believes that it must drop the price on the ICU to $ and on the ICU to $ to remain competitive in the market. Recalculate gross profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current gross profit margin percentages. For all requirements, round your percentage answers to decimal places ie and other answers to the nearest whole dollar amount.
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The following information applies to the questions displayed below.
UR Safe Systems installs home security systems. Two of its systems, the ICU and the ICU have these characteristics:
Design Specifications ICU ICU Cost Data
Video cameras $ ea
Video monitors $ ea
Motion detectors $ ea
Floodlights $ ea
Alarms $ ea
Wiring feet feet $ feet
Installation hour hour $ hour
The ICU sells for $ installed, and the ICU sells for $ installed.
Required:
What are the current gross profit margin percentages on both systems?
UR Safes management believes that it must drop the price on the ICU to $ and on the ICU to $ to remain competitive in the market. Recalculate gross profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current gross profit margin percentages.
For all requirements, round your percentage answers to decimal places ie and other answers to the nearest whole dollar amount.
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