mooxichmhwm .4_:._._l LU {K} A C _.A h. QH 83 Holsom Cakes is an independent gourmet bakery specializing in special occasion cakes. Being a small operation Holsom is a price taker. The current market price for cakes similarto Holsom's is $45. Holsom incurs monthly fixed costs for rent, equipment depreciation and salaries of $6,500. While there are small differences between cakes management believes using the average cost for ingredients and variable overhead of $15 would be sufficiently accurate for planning purposes. Holsom's owners believe they will sell 250 cakes per month at the market price of $45. Required: Can Holsom's owners earn an 18% annual return on their invested capital of $200,000 under this cost structure and pricing