After extensive research, the marketing department of S. Lopez Manufacturing determines that sufficient demand exists for a potential new product at a selling price to consumers of $48 per unit. If the company routinely demands a minimum 25% return on sales of its products, the target cost for the new product would be: CA $36 B.$60 OC.Cannot be determined without product cost information OD. $48 UESTION 3 The following information relates to questions 3 and 4. Charles Manufacturing is attempting to develop a new product with a target cost of $375. Manufacturing Operations, Purchasing, and Engineering developed on a product design that will result in the following manufacturing costs Direct Materials 4.50 square yards per unit at $65 per square yard Direct Labor 0.75 direct labor hours per unit at $24 per DLH Manufacturing Overhead 1.50 MH per unit applied at $30 per MH What is the estimated cost to manufacture one unit of the proposed new product? OA $265.50 OB. $292.50 C. $310.50 OD. $355.50