Green Place operates a commercial plant nursery where it propagates plants for garden centers throughout the region. Green Place has $5,250,000 in assets. Its yearly fixed costs are $650,000, and the variable costs for the potting soil, container, label, seedling, and labor for each gallon-size plant total $1.40. Green Place's volume is currently 520,000 units. Competitors offer the same plants, at the same quality, to garden centers for $3.75 each. Garden centers then mark them up to sell to the public for $9 to $12, depending on the type of plant. Read the requirements. Requirement 1. Green Place's owners want to earn an 11% return on investment on the company's assets. What is Green Place's target full product cost? Less: Target full product cost