Question: Answer Cost given Price and Gross Margin Question 5 (5 points) Kamakaze Drums is designing a new entry-level drum set that they want to be

 Answer Cost given Price and Gross Margin Question 5 (5 points)

Answer Cost given Price and Gross Margin Question 5 (5 points) Kamakaze Drums is designing a new entry-level drum set that they want to be able to sell for $999. They want to have a gross margin of 41%. What must the cost of the new drum set be to meet these targets? Your

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