Sandhill Co. wants to introduce a new digital display, laser driven iron to the market. The estimated unit sales price is $80. The required investment is $4,200,000. Unit sales are expected to be 360,000 and the minimum required rate of return on all investments is 15% Compute the target cost per iron (Round answer to 2 decimol ploces, es. 52.75.) Target cost 5 periron