Plant City operates a commercial plant nursery where it propagates plants for garden centers throughout the region. Plant City has $6.2 million in asses. Its yearly fed costs are 5000,500, and the variable costs for the potting soil, container Garden centers then mark them up label seeding, and labor for each gaton-sized plant total $1,05 Plant City's volume is cumenty 475.000 units Competitors offer the same quality plants to ganden centers 1 sell to the puble for $810, depending on the type of plant Read the eurements Requirement 1, Plant City owners want to eam an 11% retum on the company's assets. What is Plant City's target full cot Calculate the target fut cost for Plant City Select the formula labels and enter the amount Le Target cost Requirement 2. Given Plant City's cument costs, wil its owners be able to achieve their target prof? Show your analy Calate Plant Cay's cument total fut cost, Select the formula ates and enter the amounts Totalco Plant City's cument total costs of meet the owner's proft expectations target full cost Plant City Requirement 3. Assume that Plant City has identified ways to cut its variable costs to $0.50 per unit. What is its new target fixed cost? Will this decrease in variable costs allow the company to achieve te target profit? Show your analys Target full cost Less Reduced level of variable costs New target feed costs