Mesa Cheese Company has developed a new cheese slicer called Slim Slicer. The company plans to sell this slicer through its catalog, which it issues monthly. Given market research, Mesa believes that it can charge $40 for the Slim Slicer. Prototypes of the Slim Slicer, however, are costing $41. By using cheaper materials and gaining efficiencies in mass production, Mesa believes it can reduce Slim Slicer's cost substantially. Mesa wishes to earn a return of 20% of the selling price.

(a) Compute the target cost for the Slim Slicer ________________