Question: please show as much works as possible and explain the work process 21. Falcon Company sells a product in a competitive industry. Market analysis indicates

please show as much works as possible and explain the work process

21. Falcon Company sells a product in a competitive industry. Market analysis indicates that its product would probably sell at $48 per unit. Falcon management desires a 12.5% profit margin on sales. Their current full cost for the product is $44 per unit. If the company cannot cut costs any lower than they already are, what would the profit margin on sales be to meet the market selling price

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