Question: A software development company is evaluating the costs of developing a new mobile application. The company estimates that it will require 30,000 hours of development

A software development company is evaluating the costs of developing a new mobile application. The company estimates that it will require 30,000 hours of development time. The fixed costs for the project are $800,000, and the variable costs per hour of development are $30. If the company plans to sell the application for $10 per download and expects to have 80,000 downloads per month, what is the company's target profit?

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