Question: UR Safe Systems installs home security systems.... Required information [ The following information applies to the questions displayed below. ] UR Safe Systems installs home
UR Safe Systems installs home security systems....

Required information [ 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 . DESIGN Specifications ICU IBE ICU JOB Cost Data Video cameras 3 $ 187 / ED Video monitors \\5 $ 21/'ED Motion detectors |4 13/ EZ Floodlight = 3 Flea Alarms $ 12/'ED Wiring GEOFF` 1 , BBQ ft . $ 8 . 21 ft . Installation 12 hr 22 hr $ 11 / hr The ICU 100 sells for $850 installed , and the ICU 900 sells for $1, 5,60 installed . Required :` 1 . What are the current profit margin percentages on both systems ?" 2. UR Safe's management believes that it must drop the price on the Icy 100 to $790 and on the ICU 900 to $1, 430 to remain* competitive in the market . Recalculate profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current profit margin percentages. ( For all requirements , round your percentage answers to 2 decimal places and other answers to the nearest whole dollar amount . !" ICU 100 ICU 90.0 1 . Current profit margin 9/0 Profit margin Target cost
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
