Penrod Company, a manufacturer of household products, wants to introduce a new hand-operated food blender. To compete effectively, the blender cant be priced at more than $30. The company requires a 25 percent rate of ROI on all new products. In order to produce and sell 40,000 blenders each year, the company would need to make an investment of $600,000. The target cost per blender would be: Question 17 options: $10.00 $20.00 $26.25 $45.00