8-30 Test Bank for Managerial Accounting, Fourth Edition EXERCISES Ex. 158 Stone Company is considering introducing a new line of pagers, targeting the preteen population Stone believes that if the pagers can be priced competitively at $45. approximately 500,000 units can be sold. The controller has determined that an investment in new equipment totaling $4.000.000 will be required. Stone requires a minimum rate of return of 16% on all investments Instructions Compute the target cost per unit of the pager