Flounder Water is considering introducing a water filtration device for its 20 -ounce water bottles. Market research indicates that 1,000,000 units can be sold if the price is no more than $3. If Flounder Water decides to produce the filters, it will need to invest $2,000,000 in new production equipment. Flounder Water requires a minimum rate of return of 20% on all investments. Determine the target cost for the filter. (Round answer to 2 decimal places, eg. 10.50.) Target cost per unit Flint Company is imvolved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small faser gun, called LittleLaser, appears to have a very large potential market. Because of competition, Flint does not believe that it can charge more than $93 for LittleLaser. At this price, Flint believes it can sell 103,000 of these laser guns. Flint will require an investment of $7,725,000 to manufacture, and the company wants an ROI of 20% Determine the target cost for one LittleLaser. Target cost Sarasota Corporation produces microwave ovens. The following unit cost information is avallable: direct materials $39, direct labor $28, variable manufacturing overhead $12, fixed manufacturing overhead $40, variable selling and administrative expenses $13, and foxed selling and administrative expenses $28. Its desired ROI per unit is $28.80. Compute its markup percentage using a total-cost approach. (Round onswer to 2 decimal ploces, eg. 10.50\%) Markup percentage % Martinez Company makes swimsuits and sells these suits directly to retailers. Although Martinez has a variety of suits, it does not make the Performance suit used by highly skilled swimmers. The market research department believes that a strong market exists for this type of sult. The department indicates that the Performance suit would sell for approximately $100. Given its experience. Martinez believes the Performance suit would have the following manufacturing costs. (a) Assume that Martinez uses cost-plus pricine setting the selling price 23% above its costs. What would be the price charged for the Performance swimsult? Selling price $ The conqury uses a 40k markup percentage on total cont