Indigo Cheese Company has developed a new cheese slicer called Slim Slicer. The company plans to sell this slicer through its online website. Given market research, Indigo 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, Indigo believes it can reduce Slim Slicer's cost substantially. Indigo wishes to earn a return of 30% of the selling price.

(a) Required: Compute the target cost for the Slim Slicer.

Target cost

$enter the target cost in dollars