3 Part A 4 Stone Company is considering introducing a new line of pagers, targeting the preteen 5 population. Stone believes that if the pagers can be priced competitively at $80, 6 approximately 150,000 units can be sold. The controller has determined that an 7 investment in new equipment totaling $8,400,000 will be required. Stone requires a 8 minimum rate of return of 16% on all investments. 9 Required: 10 Compute the target cost per unit of the pager. 11