1-Regular Pricing a- Nile Products is a price-setter and uses cost plus pricing. Nile has just done an analysis of their revenues, costs, and desired profits, and has calculated its target full product cost. Refer to the following information: Total fixed cost variable cost per unit Desired Profit Production volume $ 400,000 $ 8 per unit $ 800,000 200,000 units Calculate the cost-plus price which will achieve the company's desired profit? b- The following information related to a price-taker Company: Production volume Market price Desired Profit Total variable cost Total fixed cost 2,000 unit $12.00 per unit $6,000 $12,000 $10,000 With the current cost structure, Can the company achieve its profit goals? Calculate the target cost to achieve the desired profit