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Laserspot is involved in producing and selling high-end golf equipment. The company has recently been involved in developing vanous types of laser guns to measure

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Laserspot is involved in producing and selling high-end golf equipment. The company has recently been involved in developing vanous types of laser guns to measure yardages on the golf course. One small laser gun, called LittleLaser appears to have a very large potential market Because of competition, Laserspot does not believe that it can charge more than $80 for LittleLaser At this price, Laserspot believes it can sell 100,000 of these laser guns LittleLaser will require an investment of $7500,000 to manufacture, and the company wants an ROI of 16% Required Compute the target cost for one LittleLaser

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