Rocky River Company is a

priceminustaker

and uses target pricing. Refer to the following information:

Production volume	602 comma 000602,000	units per year
Market price	$ 30.00$30.00	per unit
Desired operating income	1515%	of total assets
Total assets	$ 13 comma 900 comma 000$13,900,000

What is the target full product cost per unit? (Round your answer to nearest cent.) Assume all units produced are sold.

A.

$ 30.00$30.00

B.

$ 4.50$4.50

C.

$ 25.50$25.50

D.

$ 26.54