Martinez Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. These costs are based on a budgeted volume of 76,800 units produced and sold each year. Martincz uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Using multiple attempts will impact your score. 50% score reduction after attempt 5 (c) Your answer is incorrect. Compute the target selling price for M14M16