Li Data table $ 48 $ 26 Direct material/unit Direct labor/unit Variable overhead Fixed costs (annually) Estimated production for year one EA $ 29 $ 213,500 3,500 SuperDry is entering the professional hair dryer market. Research shows that their customers wish to pay $311 or less for each dryer. Cost accountants at the manufacturer have collected the following information: E: (Click the icon to view the categories.) Read the requirements Requirement 1. What is the estimated cost per unit for SuperDry? Determine the formula, then compute the estimated cost per unit. (Abbreviation used: oper. = operating.) Estimated cost per unit Requirement 2. What is the range of prices that SuperDry could charge to make a profit? To make a profit, SuperDry could charge between Vand Requirement 3. Assume that SuperDry's target operating income per unit is $164. What is the target cost for the dryer? Determine the formula, then compute the target cost per unit for the dryer. Target cost per unit Requirement 4. What can the company do to achieve its target cost calculated in requirement 3? Select actions SuperDry may take in order to help achieve its target cost calculated in requirement 3. (Select all that apply. If an input field is not used in the table, leave the input field empty; do not select a label.) Requirement 4. What can the company do to achieve its target cost calculated in requirement 3? Select actions SuperDry may take in order to help achieve its target cost calculated in requirement 3. (Select all that apply. If an input field is not used in the table, leave the input field empty; do not select a label.) Concentrate on decreasing costs Increase the number of engineering changes made to the hair dryer ead? Why or why not? Increase the selling price per unit run a company's prices and revenues must exceed its total costs if it is to remain in business. Purchase lower quantities of direct materials at higher prices Review all direct materials and perhaps find alternatives at lower prices Review the allocation bases for both variable and fixed overhead costs to ensure accuracy Reverse engineering should be employed with the objective of reducing costs Requirement 5. Should the target cost calculated in requirement 3 include all costs (direct, and variable and fixed overhead)? Why or why not? V, because in the long run a company's prices and revenues must exceed its total costs if it is to remain in business. For managers should only consider costs that Target costs should include vary in the short run