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Pharoah Corporation produces industrial robots for high-precision manufacturing. The following information is given for Pharoah Corporation: Per Unit Total $390 280 80 Direct materials Direct

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Pharoah Corporation produces industrial robots for high-precision manufacturing. The following information is given for Pharoah Corporation: Per Unit Total $390 280 80 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,587,600 57 277,200 The company has a desired ROI of 15%. It has invested assets of $51,910,000. It expects to produce 2.520 units each year. * Your answer is incorrect. Calculate the target selling price. (Round answer to 0 decimal places, eg. 2425.) Target selling price $ 1661

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