Can you help me with question 5-45 please! Thank you

-. ... ""l'" .. ....-... ""'"'B ...--... --....,---...,- ,._.-- -7- 2. Prepare a minimum bid equal to the additional costs expected to be incurred to complete the job. 3. Prepare a bid that will cover full costs plus a markup for prot equal to 20% of full cost. 545 Target Costing Premium Corporation believes that there is a market for a portable electronic toothbrush that can be easily carried by business travelers. Premium's market research department has surveyed the features and prices of electronic brushes currently on the market. Based on this research, Premium believes that $75 would be about the right price. At this price. marketing believes that about 1'8,000 new portable brushes can be sold over the product's life cycle. It will cost about $1, I 70.000 to design and develop the portable brush. Premium has a target prot of 25% of sales. Determine the total and unit target cost to manufacture. sell. distribute, and service the portable brushes. 54!: Target Costing Best Cost Corporation has an aggressive research and development (R&D) program and uses target costing to aid in the nal decision to release new products to production. A new product is being evalu- ated. Market research has surveyed the potential market for this product and believes that its unique features will generate a total demand of 50,000 units at an average price of $230. Design and produc- tion engineering departments have performed a value analysis of the product and have determined that the total cost for the various value-chain functions using the existing process technology are as follows