Delish Foods sells jars of special spices used in Italian cooking. The variable cost is

$ 1.00$1.00

per unit. Fixed costs are

$ 10 comma 000 comma 000$10,000,000

per year. It has

$ 40 comma 000 comma 000$40,000,000

of average assets, and the desired profit is a

55%

return on assets. Delish Foods sells

4 comma 000 comma 0004,000,000

units per year. The company uses

costminusplus

pricing because it is the only company that produces this kind of product. Using

costminusplus

pricing methodology, determine the sales price per unit. (Round your answer to the nearest cent.)

A. $ 1.00$1.00

B. $ 3.50$3.50

C. $ 1.20$1.20

D. $ 4.00