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G M Question 9 - Chapter 13 HomewcX *Homework Help - Q&A from Onl X + X C O 8 https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253%252F%252Fnewconnect.mheducation E Chapter 13 Homework i Saved Help Save & Exit Submit Check my work 9 Required information Problem 13-38 (Algo) Target Costing in a Service Firm [LO 13-1] Part 1 of 2 [The following information applies to the questions displayed below.] UR Safe Systems installs home security systems. Two of its systems, the ICU 100 and the ICU 900, have these characteristics: points Design Specifications ICU 100 ICU 900 Cost Data Video cameras 4 2 $ 103/ea 02:59:41 monitor $ 20/ea Motion detectors $ 11/ea WAUIP Skipped Floodlights $ 3/ea Alarms $ 10/ea Wiring 670 feet 1, 070 feet $ 0.1/feet Installation 13 hour 23 hour $ 10/hour eBook The ICU 100 sells for $840 installed, and the ICU 900 sells for $1,550 installed. Print References Part 1 (Algo) Required: 1. What are the current gross profit margin percentages on both systems? 2. UR Safe's management believes that it must drop the price on the ICU 100 to $780 and on the ICU 900 to $1,420 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. Mc Graw Hill 8:59 PM Q Search 2/25/2024G M Question 9 - Chapter 13 HomewcX *Homework Help - Q&A from Onl X + X C O & https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation] E Chapter 13 Homework i Saved Help Save & Exit Submit Check my work 9 + Lu/Lu Wiring 670 feet 1, 070 feet $ 0.1/feet Installation 13 hour 23 hour $ 10/hour The ICU 100 sells for $840 installed, and the ICU 900 sells for $1,550 installed. Part 1 of 2 Part 1 (Algo) points Required: 1. What are the current gross profit margin percentages on both systems? 02:59:39 2. UR Safe's management believes that it must drop the price on the ICU 100 to $780 and on the ICU 900 to $1,420 to remain competitive in the market. Recalculate gross profit margin percentages for both products at these price levels and then compute the Skipped target cost needed for each product to maintain the current gross profit margin percentages. (For all requirements, round your percentage answers to 2 decimal places (i.e. .1234 = 12.34%) and other answers to the nearest eBook whole dollar amount.) Print CU 100 ICU 900 References 1 . Current profit margin % 2. Profit margin 0% Target cost Mc Graw Hill Q Search 8:59 PM 2/25/2024G M Question 10 - Chapter 13 Homev X Homework Help - Q&A from Onl X + X C O & https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation] E Chapter 13 Homework i Saved Help Save & Exit Submit This question will be sent to your instructor for grading. 10 Required information Problem 13-38 (Algo) Target Costing in a Service Firm [LO 13-1] [The following information applies to the questions displayed below.] Part 2 of 2 UR Safe Systems installs home security systems. Two of its systems, the ICU 100 and the ICU 900, have these characteristics: 10 Design Specifications ICU 100 ICU 900 Cost Data points Video cameras 4 2 $ 103/ea Video monitor $ 20/ea 02:59:32 Motion detectors $ 11/ea Floodlights NI $ 3 /ea Alarms $ 10/ea Skipped Wiring 670 feet 1, 070 feet $ 0.1/feet Installation 13 hour 23 hour $ 10/hour eBook The ICU 100 sells for $840 installed, and the ICU 900 sells for $1,550 installed. Print References Part 2 (Algo) 3. Describe two ways that UR Safe could cut its costs to get the gross profit margins back to their original levels. Toolbar navigation Mc Graw Hill 8:59 PM Q Search 2/25/2024G M Question 5 - Chapter 13 HomewcX *Homework Help - Q&A from Onl X + X C O B https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com & E Chapter 13 Homework i Saved Help Save & Exit Submit Check my work 5 Brief Exercise 13-25 (Algo) If Toyota Motor Company receives an order... [LO 13-2] 10 If Toyota Motor Company receives an order on May 2, begins production on May 17, and ships the order on May 18 immediately points following production, then what is the manufacturing cycle efficiency (MCE) ratio? (Enter your answer as a whole number.) 02:58:44 Manufacturing cycle efficiency (MCE) ratio 20 % eBook Print References Mc Graw Hill Q Search 9:00 PM 2/25/2024