Novak Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developing various types of laser guns to measure yardages on the golf course. One small laser gun, calted Little Laser, appears to have a very large potential market. Because of competition, Novak does not believe that it can charge more than $92 for Little Laser. At this price, Novak believes it can sell 118,000 of these laser guns. Novak will require an investment of $14,750,000 to manufacture, and the company wants an ROI of 16%. Determine the target cost for one LittleLaser. Target cost