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Question 10 (4 points) Complete Exercise 13-26 and answer the following questions. Remember to enter numeric amounts without a $or, (a comma). If the answer
Question 10 (4 points) Complete Exercise 13-26 and answer the following questions. Remember to enter numeric amounts without a $or, (a comma). If the answer is $20,000.00, then enter the number as 20000. Remember to round to 2 decimal places. For numbers such as 1.456, round up to 1.46 and for numbers such as 1.452, round down to 1.45 Required: The desired profit per unit of the new toaster is $ A/ Note: round to the nearest penny. The target cost per unit of the new toaster is $ AJ Note: round to the nearest penny. OBJECTIVE Exercise 13-26 Target Costing M. Munir Company would like to design, produce, and sell versatile toasters for the home kitchen market. The toaster will have four slots that adjust in thickness to accommodate both slim slices of bread and oversized bagels. The target price is $75. Munir requires that new products be priced such that 25 percent of the price is profit. Required: 1. Calculate the amount of desired profit per unit of the new toaster, 2. Calculate the target cost per unit of the new toaster
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