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HELP ASAP PLEASE Rainbow Company has developed a new product. The variable cost per unit is $90 and the fixed cost is $300,000. The company

HELP ASAP PLEASE
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Rainbow Company has developed a new product. The variable cost per unit is $90 and the fixed cost is $300,000. The company expects to sell 5.000 units per year. Rainbow Company has invested $1,000,000 in equipment to produce the products and desires a 20% return on investment. What is the target selling price for this product? (2 marks) Select one: a $100 Ob $130 Oc$190 Od $150

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