UR Safe Systems installs home security systems. Two of its systems, the ICU 100 and the ICU 900 have these characteristics:

Required

1. What are the current profit margins on both systems?

2. UR Safe's management believes that it must drop the price on the ICU 100 unit to $750 and n the ICU 900 unit to $1,390 to remain competitive in the market. Recalculate profit margins for both products at these price levels. 

3. Describe two ways that UR Safe could cut its costs to get the profit margins back to their original on both systems.

Required 1. What are the current profit margins on both systems? 2. UR Safe's management believes that it must drop the price on the ICU 100 unit to $750 and n the ICU 900 unit to $1,390 to remain competitive in the market. Recalculate profit margins for both products atthese picelevels. Describe two ways that UR Safe could cut its costs to get the profit margins back to their original on both systems 3. Design Specifications Video cameras Video monitors Motion detectors ICU 100 ICU 900 Cost Data 3 1 S150 each S75 each S15 each 8 each S15 each 0.10 ft. S20 hr 700 16 1100 26 Installation (hrs) Selling Price 810.00 $1,520.00