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Rocky River Company is a price -taker and uses target pricing. Refer to the following information: Production volume Market price Desired operating income Total assets

Rocky River Company is a price -taker and uses target pricing. Refer to the following information: Production volume Market price Desired operating income Total assets 601,000 units per year $30.00 per unit 16% of total assets $13,700,000 What is the target full product cost per unit? (Round your answer to nearest cent.) Assume all units produced are sold. A. $4.80 B. $30.00 C. $25.20 D. $26.35

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