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A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $48 per unit, management projects sales of

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A new product, an automated crepe maker, is being introduced at Knutt Corporation. At a selling price of $48 per unit, management projects sales of 88,000 units. Launching the crepe maker as a new product would require an investment of $360,000. The desired return on investment is 13%. The target cost per crope maker is closest to: (Round your answer to 2 decimal places.) Mutigle Cholce 54747 $4800 $55.42 $55.80

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