Emmedics, Inc. is launching a new product that it estimates will sell for $30 per unit. Annual demand is estimated to be 70,000 units. Emmedics estimates that using its current manufacturing technology, it can manufacture the units for $23 per unit1 but if it purchases a new machine, the units can be manufactured for $22 per unit. Emmedics has a target prot of 10% return on sales. Under target costing, what is the target cost for the new product? A. $20 B. $22 C. $23 D. $27