Exercise 4-35 (Algo) Target Costing and Pricing (LO 4-3) Riverdale Partners wants to introduce a new line of fragrances. Market research indicates that a potential fragrance would sell well in the market priced at $376.32 each. Riverdale requires an operating profit of 28 percent of costs. Required: What is the highest acceptable manufacturing cost for which Riverdale would be willing to produce the fragrance