Miami Industries currently sells an industrial mixer for $1,000 that market leaders sell for $920. The current costs to manufacture and distribute the mixer total $730, and the company has a profit goal of 30% of sales. Miami uses target costing in its efforts to be a leader in the marketplace. On the basis of this information, (1) what should Miami consider to be the initial driver of the target-costing process and (2) what amount of cost reduction is needed for the company to achieve its goals? Initial Driver Cost Reduction A. Current price of $1,606 $15 B. Current price of $1,000 $86 Market leaders' price of $926 $15 D . Market leaders' price of $926 $86 E . Market leaders' price of $920 Some other amount Multiple Choice O Choice A O Choice B O Choice C O Choice D O Choice E