8. Ritter, Inc. manufactures children's sandals. Similar sandals manufactured by competitors sell for $14.00 per pair. Ritter desires a 20% net profit margin. What is Ritter's target cost? Select the formula, then enter the amounts to compute the target cost. Target cost This Question: 5 pts 8. Ritter, Inc. manufactures children's sandals. Similar sandals m Select the formula, then enter the amounts to compute the target Desired profit Direct labor cost per unit Direct materials cost per unit Overhead cost per unit Target gross profit percentage Target selling price