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Dugout Water Products sells 2 2 0 0 kayaks per year at a price of 4 8 0 per unit. Dugout sells in a highly

Dugout Water Products sells 2200 kayaks per year at a price of 480 per unit. Dugout sells in a highly competitive market and uses target pricing. The company has 1000000 of assets, and the shareholders wish to make a profit of 16% on assets. Assume all products produced are sold. What is the target full product cost?
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Part 1
A.$ 16 comma 000 comma 000
B.$ 1 comma 056 comma 000
C.$ 1 comma 224 comma 960
D.$ 896 comma 000

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