4 5 6 3 Question: Target Costing (5 marks) Part A. Luminate Enterprises, a light fixture manufacturer, intends to launch a new product li outdoor patio lamps. The fixture could not be priced at more than the price shown below. company has indicated their desired return on investment on all new products. The budg amount of sales in units is given below along with the required investment. 2 Maximum selling price Sales in units Required return on investment Total investment required Required: Calculate the following (3 marks): Total return on investment in dollars eturn on investment per unit

I Quention: Target Costine (s marks) outdoor pario lamps. The fixture could not be priced at more than the price shown below company has indicated their desired return on investment on all new products. The bude 3 amount of sales in units is given below along with the required investment