Basic Motor Corporation uses target costing. Assume that Basic marketing personnel estimate that the competitive selling price for the QuikCar in the upcoming model year will need to be $25, 100. Assume further that the QuikCar's total unit cost for the upcoming model year is estimated to be $20, 600 and that Basic required a 20% profit margin on selling price (Which is equivalent to a 25% markup on total cost). What price will Basic establish for the QuikCar for the upcoming model year? What impact will target costing have on Basic, given the assumed information