larget Costing Oregon Equipment Company wants to develop a new logsplitting mochine for rural homeowners. Mohket research has determined that the company could seil 5 ooo log anitting machines per year at a retail price of 5700 each. An independent catalog company would handle sales for an annial fee of 53,000 plus 510 per unit fold. The cost of the ran materlais required to produce the log-spliting machines amounts to 190 per unit. only or should only include comversion costs and remaining of additional sales and administrative costs: Hound answer to two decimal places