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Ayayai Corporationneods to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are based

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Ayayai Corporationneods to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are based on a budgeted volume of 64,000 units produced and sold each vear. Ayayai uses cost-plus pricing methods to set its target selling price. The raarkup percentage on total unit cost is 40%K Compute the target selling price for M14-M16. Target selling price per unit

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