Flint Cheese Company has developed a new cheese slicer called Slim Slicer. The company plans to sell this slicer through its catalog, which it issues monthly. Given market research, Flint believes that it can charge $40 for the Slim Slicer. Prototypes of the Slim Slicer, however, are costing $42. By using cheaper materials and gaining efficiencies in mass production, Flint believes it can reduce Slim Slicer's cost substantially. Flint wishes to earn a return of 20% of the selling

Compute the target cost for the Slim Slicer