Compute target cost

Whats the target cost with 44% percent return on sale

What is the target cost with 12% return on sale

E4-20 (Algo) Calculating Target Cost [LO 4-8] Majesty Company uses target costing to ensure that its products are profitable. Assume Majesty is planning to introduce a new product with the following estimates: ok Estimated market price $ Annual demand Life cycle Target profit 2,400 85,000 units 6 years 25% return on sales nces Required: 1. Compute the target cost of this product. 2. Compute the target cost if Majesty wants a 44 percent return on sales. 3. Compute the target cost if Majesty wants a 12 percent return on sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the target cost if Majesty wants a 12 percent return on sales. Target Cost