Question: would like a step by step method on how to solve Campus Furniture wants to introduce a new set of furniture and knows its cost

 would like a step by step method on how to solve

would like a step by step method on how to solve

Campus Furniture wants to introduce a new set of furniture and knows its cost being $780. Campus furniture finds out that competitor sells a similar product for $1799. What would be the minimum selling price for Campus furniture that will result in an operating profit no less than $950 if Campus has operating expenses set as 26 % of COGS and is willing to provide a 20% discount on occasions

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