Cann Un Company manufactures scientific calculators. The product life of a calculator is four years. Each model typically offers similar features. Cann Un targets an average profit margin of 10% of its expected revenue over the life cycle. It does not expect its manufacturing cost to vary materially over the four-year life. Estimated volumes and unit price of a particular model over its expected life is given below:

Year	Volume (units)	Unit price
Year 1	30,000	$85
Year 2	50,000	$75
Year 3	35,000	$50
Year 4	25,000	$45

Applying the target costing model, the allowable unit cost of the product is:

Group of answer choices

$65.53 per unit

$58.98 per unit

$45.00 per unit

$150.77 per unit

$63.75 per unit