Blue Spruce Company manufactures computer hard drives. The market for hard drives is very competitive. The current market price for a computer hard drive is $31. Blue Spruce would like a prot of $10 per drive. What target cost Blue Spruce should set to accomplish this objective? Target cost $ per hard drive Novak Corporation produces snowboards. The following unit cost information is available: direct materials $14, direct labor $14, variable manufacturing overhead $10, fixed manufacturing overhead $15, variable selling and administrative expenses $6, and fixed selling and administrative expenses $13. Using a 45% markup percentage on total unit cost, compute the target selling price. (Round answer to 2 decimal places, eg. 10.50.) Target selling price $ * Your answer is incorrect. Pina Colada Cheese Company has developed a new cheese slicer called Slim Slicer. The company plans to sell this slicer through its online website. Given market research, Pina Colada believes that it can charge $30 for the Slim Slicer. Prototypes of the Slim Slicer, however, are costing $32. By using cheaper materials and gaining efficiencies in mass production, Pina Colada believes it can reduce Slim Slicer's cost substantially. Pina Colada wishes to earn a return of 20% of the selling price. (a) Compute the target cost for the Slim Slicer. Target cost $ 23.6